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Rhode Island State Treasury appoints new CIO

The US public pension has named a new CIO effective 1 May.

Rhode Island State Treasury has appointed Alec Stais as its new Chief Investment Officer, effective 1 May. He replaces acting CIO Tim Nguyen.

The $7.5 billion US public pension has a 16 percent target allocation to alternatives.

Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.