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Petya Nikolova promoted to deputy CIO, head of infra investments in New York City
People - DECEMBER 12, 2022

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Petya Nikolova promoted to deputy CIO, head of infra investments in New York City

by Kali Persall

Petya Nikolova has stepped into the role of deputy CIO and head of infrastructure investments at the New York City Bureau of Asset Management.

The bureau is responsible for oversight of the investment portfolio of the New York City Retirement Systems, which consists of five pension systems. This $242 billion portfolio is managed primarily by external investment managers and is largely invested in publicly traded securities, with growing allocations to private equity, real estate, infrastructure hedge funds and opportunistic fixed-income investments.

Nikolova has been at the bureau for more than 10 years, previously serving as head of infrastructure investments. According to her LinkedIn page, Nikolova led the build-out of the infrastructure asset class for the New York City Retirement System (NYCRS) from $0 to more than $9 billion. The portfolio includes investments in a variety of sectors including renewables, digital infrastructure, transportation and energy. She als

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