CT Investment Consultant Tapped as CIO for NY Retirement Fund

February 1, 2008 (PLANSPONSOR.com) - New York Comptroller Thomas DiNapoli has tapped a former Connecticut investment consultant to serve as chief investment officer for the state's $154 billion retirement fund.

In her previous employment, Raudline Etienne was Managing Director at Rogerscasey in Darien, Connecticut, responsible for investment consulting for a series of both large and small public retirement systems, according to a press release from DiNapoli’s office. During her 11 ½-year tenure there, she developed broad experience in a wide variety of asset classes and investment strategies.

Etienne begins her new role March 3, according to Business First of Buffalo. She replaces David Loglisci, who resigned in May 2007 amid questions from DiNapoli and others about his oversight of the pension fund (See Empire State Cracks Down on Pension Fund Ethics ).

DiNapoli also announced the appointment of Nicholas Smirensky, who was serving as acting CIO, as Etienne’s deputy. Smirensky was previously private equity director for the state’s retirement fund, overseeing a $10 billion portfolio, the new report said.