A former AllianceBernstein investment guru is taking a stab at public service. New York State Comptroller Thomas DiNapoli has hired Vicki Fuller to oversee the state pension fund as chief investment officer.

Previously, Fuller was a co-head of the Global High Yield Group and managed a team of investment professionals and a portfolio in excess of $10 billion in bank loans, high yield, emerging debt and global high yield assets at AllianceBernstein. She will start August 30 and earn $300,000, which isn’t too shabby for a public servant.

Korn/Ferry International’s Michael Kennedy helped conduct the nationwide search for the CIO position. The fund is the third-largest public pension fund in the nation.

DiNapoli’s office oversee the $150.3 billion Common Retirement Fund, one of the largest institutional investors in the world.

 

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.