Australia’s A$43 billion ($30 billion) State Super has appointed Gary Gabriel, as its new chief investment officer, effective early next month.
Gabriel replaces Richard Hedley, who joined the fund as head of unlisted assets & alternatives in August 2015 before being appointed CIO in October 2016. Hedley departed in December 2018.
Gabriel brings more than 20 years’ experience to the role, most recently as general manager, portfolio strategy and risk at HESTA. Prior to that, he was managing director of Wilshire Associates for over four years, and head of private markets for the Future Fund for almost four years.