People - MAY 19, 2022

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City of Austin Employees’ Retirement System concludes nationwide search for CIO

by Kali Persall

The City of Austin Employees' Retirement System (COAERS) has tapped industry veteran David Kushner as its new CIO, following a nationwide search that began in October 2021.

Kushner will helm the $3.5 billion pension fund’s investment program and work collaboratively with the executive director, investment committee and the investment consultant to guide the strategic investment decisions of the board.

Kushner previously served as CIO at the $49 billion Los Angeles County Employees Retirement Association and the $19 billion San Francisco Employees’ Retirement System. His experience also includes service on many industry boards and advisory committees.

“COAERS is thrilled to welcome Mr. Kushner to lead the system's investment program in its next phase of growth as a best-in-class fund,” said Christopher Hanson, executive director of COAERS. “As an industry ex

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