Institutional Investors People Moves

Clark resigns from New Jersey Division of Investment office


William Clark, director of investments, is leaving behind his decade-long career at The New Jersey Division of Investment on 5 February following a rocky year fiscally and politically at the pension fund system.

Plans for Clark's replacement have yet to be announced and Clark is expected to announce his career plans shortly.

The $69 billion fund took on some substantial losses due to the financial crisis, but publicly took a beating in the press early last year for poor performing credit funds - GoldenTree Master Fund and Satellite Fund II