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NYCERS’ deputy comptroller resigns

by Drew Campbell

Lawrence Schloss has resigned as deputy comptroller for pensions and CIO of the New York City Retirement System — which handles five pension funds on behalf of the city’s teachers, employees, police, fire and board of education — to join Angelo, Gordon & Co. on Nov. 11 as president of the private investment firm. Schloss, who held the position with NYCRS since January 2010, will become the 10th member of Angelo Gordon’s executive committee, and will become a partner in the firm. Seema Hingorani has replaced Schloss as interim CIO of NYCRS until a permanent replacement is found.

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