CalPERS P3 expert departs

25/01/2017
Asset manager StepStone has hired the California Public Employees' Retirement System’s (CalPERS) portfolio manager for infrastructure

Todd Lapenna has joined StepStone Infrastructure and Real Assets (SIRA) as a partner and will be based in New York. At CalPERS, he developed and implemented its’ infrastructure investment strategy across a $3.5bn portfolio. 

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