CalPERS appoints CRO

The appointment comes after a rocky few weeks for CalPERS in which it saw two of its top fund managers leave the business: Joncarlo Mark, with the firm since 1999, and Mike Dutton, who looked after CalPERS' large buyout remit since 2006, both left last month.

Jensen served as interim chief risk officer since October, when he was appointed to head the office of enterprise risk management and to assess risk independently for CalPERS. Previously Jensen was the assistant executive officer for the administrative services branch since January 2010.

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