Wood will be responsible for implementing and managing investment strategy and policy for the System’s global equity investments, according to a news release from CalPERS.
Wood will also oversee CalPERS hedge fund program, domestic long/short program, corporate governance, cash management, and manager development program. She reports to Mark Anson, CalPERS Chief Investment Officer.
CalPERS total investments in domestic and international equity represent more than half of the System’s $149 billion investment portfolio.
Wood joined CalPERS from Denver Investment Advisors where she served as a Principal of the firm, Portfolio Manager and Director of Value Strategies.
Prior to her position with Denver Investment Advisors, Wood was a Principal and Portfolio Manager at The Burridge Group where she managed $510 million in assets and was a Director at Prudential Equity Management for five years, managing $150 million in small and medium company growth mutual funds.
She earned an MBA in Finance from New York University’s Graduate Business School and a Bachelor of Arts degree in economics from Vassar College. She also attended the London School of Economics. Wood is a Chartered Financial Analyst.