Mascha Canio has been named managing investment director for the California Public Employees’ Retirement System’s (CalPERS) private debt portfolio. Her appointment will take effect in October.
Canio brings decades of experience managing a variety of asset types on behalf of pension systems to CalPERS. She joins the pension fund after nine years as head of credit and insurance-linked investments at Dutch pension fund service provider PGGM, where she managed assets valued at approximately $17 billion. While serving in other senior positions at PGGM, Canio also was responsible for infrastructure, private equity and insurance-linked investments — always in combination with credit risk sharing.
Prior to PGGM, Canio served as head of Europe at Octagon Credit Investors, a U.S. corporate credit investment advising firm. She set up the firm’s European office after it decided to expand into the region and managed investments in the European market for leveraged bank loan
