After nearly two decades at Franklin Templeton Investments, Wylie A. Tollette is leaving.
He will be joining the California Public Employees’ Retirement System (CalPERS) as chief operating investment officer on March 31. Tollette takes over the position previously held by Janine Guillot, who left CalPERS in July 2013.
“Wylie is a strong and skilled operations executive with the investment industry experience necessary to lead CalPERS Investment Office,” says Ted Eliopoulos, acting CalPERS chief investment officer. “We look forward to working with Wylie and welcoming him to our senior management team.”
He has worked for more than 19 years at Franklin Templeton and most recently served as senior vice-president for portfolio analysis and investment risk management. Prior to joining Franklin Templeton, he held positions at American Savings Bank and KPMG Peat Marwick (now KPMG).
CalPERS is the largest public pension fund in the U.S., with more than $283.8 ($314.3 billion) in assets.
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