Christopher Ailman, chief investment officer of the California State Teachers’ Retirement System (CalSTRS), announced his retirement at the Teachers’ Retirement Board Investment Committee meeting. He will continue to serve as CIO through June 30, 2024, while the board conducts a global search for his successor. Ailman has served as the CalSTRS CIO since October 2000. He is one of the longest-tenured CIOs in the world.
“It has been an honor to lead and guide this massive global investment trust fund for the teachers of California,” Ailman said. “CalSTRS is truly a world-class asset manager and we have a powerful track record of top performance at a low cost with an amazing diverse internal team.”
During his two decades stewarding the CalSTRS invest