The Kern County (Calif.) Employees Retirement Association (KCERA) board of retirement has appointed Daryn Miller as the retirement association’s new CIO.
Miller will be responsible for overseeing KCERA’s investment program, including risk management, investment manager oversight, due diligence, and investment policies and objectives.
Miller joins KCERA after serving as interim CIO at the City of San Jose’s two defined benefit pension plans, valued at approximately $6 billion. Prior to that role, he managed the absolute return and global tactical asset/opportunistic allocations, risk management initiative, rebalancing and tactical decision-making. He also managed San Jose’s global equity asset class. Earlier in his career, he spent five years at Goldman Sachs, where he was a vice president in equity research.
