The Chicago Teachers’ Pension Fund (CTPF) has appointed Andrew Kelsen to the newly-created position of portfolio manager, alternative investments, Infrastructure Investor was able to confirm.
Kelsen, who most recently served as chief investment officer at Kelsen & Associates, an alternative investment advisory firm, will report to CTPF CIO Carmen Hereida-Lopez, the pension fund said in an e-mailed response.
“Andrew will focus on private equity, commodities and diversifying assets. He will also have a role in real estate and infrastructure,” Hereida-Lopez said.
According to his LinkedIn profile, Kelsen has more than 25 years of investment and global capital markets experience, including serving as vice president, portfolio manager at Torshen Capital Management, where he shared responsibility for manager sourcing, asset allocation, portfolio construction and risk management.
Established in 1895, the Chicago Teachers' Pension Fund provides retirement, survivor, and disability benefits for certain certified teachers and employees of Chicago public schools.
According to its 2013 annual report, the most recent available on its website, the fund had allocated $331.95 million, or 3.39 percent of its $9.8 billion portfolio, to infrastructure.