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New York City Pension Funds hires Scott Evans as CIO

2 Jun 2014

scott evansThe New York City Pension Funds has hired former TIAA-CREF executive Scott Evans as its new chief investment officer.

Evans, pictured, spent more than 27 years at the TIAA-CREF retirement system, where he held various posts including chief investment officer before retiring as president of asset management in 2012.

He managed TIAA-CREF’s nearly $500bn in investment assets across multiple investment classes.

New York City Comptroller Scott Stringer said, “Scott has been an industry leader in finding innovative and low-cost ways to invest and fund retirements for working people and he will ably lead our Bureau of Asset Management team as we seek to maximize our pension fund returns consistent with prudent investing on behalf of the funds’ beneficiaries.

“We are moving this office forward by being smarter in our operations and implementing necessary reforms to the existing structure supporting the five funds.”

Last year TIAA-CREF and investment manager Henderson Global Investors launched real estate investment management company TIAA Henderson Global Real Estate.

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