Alongside the new North American chapter, the Club also welcomes three new members:
Ted Eliopoulos assumed the role of CalPERS’ CIO in September 2014. As CIO, Mr. Eliopoulos is responsible for managing an investment portfolio of approximately $300 billion and an office with nearly 400 professional staff. Mr. Eliopoulos joined CalPERS in January 2007 and served as Senior Investment Officer (SIO) for the Real Estate Division from 2007 to 2011 and SIO for the Real Assets Unit from 2011 to 2014.
Sam Masoudi became the CIO of WRS in 2013. Prior to joining WRS, he was a Managing Director at the Tulane University Endowment for more than five years where he covered all asset classes including public and private equities and fixed income as well as alternatives. Mr Masoudi was the Founder and Portfolio Manager of a long short hedge fund focused on U.S. equities and also spent four years in real estate banking at Kidder Peabody and PaineWebber.
Dr. Read leads the investment efforts associated with the State of Alaska’s sovereign wealth, prior to this, he was CIO and Deputy Chief Executive of the Gulf Investment Corporation (GIC). He has also held the roles of CIO of the California Public Employees’ Retirement System, Deputy CIO for Scudder Investments/Deutsche(bank) Asset Management, and Director of Investment Product Design, Commodities, and Quantitative Strategies for OppenheimerFunds in New York City.
Stefan Dunatov, Chairman of the 300 Club, said: “Establishing a North American chapter of the 300 Club is a natural step in the evolution of the group. We are seeing increasing levels of interest from peers in the industry as we work to challenge current investment theories and build a sustainable and fair financial system. On behalf of my colleagues in the Club, we look forward to further collaboration and potential future expansion.”
Chris Ailman, Head of North America, 300 Club, said: “I am pleased to welcome Sam, Russell and Ted to the 300 Club. It is testament to the profile and work of the Club to date that we have such a high caliber of colleagues joining.”
The new members join existing members of the 300 Club who are based in North America:
The 300 Club believes that economic and investment trends are set to change the investing landscape over the next two decades, heading towards a turning point that presents huge risks to ordinary savers. The club was formed to respond to an urgent need for experienced investment professionals to raise uncomfortable and fundamental questions about the very foundations of the investment landscape and investing.