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Maryland CIO joins college endowment

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Mansco Perry left the $33.7 billion Maryland State Retirement and Pension System at the end of October to become chief investment officer of the endowment fund of Macalester College in Minnesota.

Perry had been CIO at Maryland since April 2008 and oversaw the recent RFI at the state pension fund to retain one or more managers for an emerging manager fund of hedge funds programme. The system has a 4.4% allocation to absolute return that may include a myriad of strategies including funds of hedge funds, GTAA, long/short market neutral managers, macro managers,