The Wyoming Retirement System (WRS) has hired Sam Masoudi as the system’s new chief investment officer. During his career, Mr. Masoudi has worked with a wide variety of investment types including public equities, private equity, fixed income, real estate and hedge funds. Mr. Masoudi will start in his new position on December 3, 2013.
“I’m thrilled to join the Wyoming Retirement System, which is a well-run organization with an excellent governance structure and team,” said Mr. Masoudi.
Prior to joining WRS, Mr. Masoudi was a managing director of the endowment investment office of Tulane University, a position he held for five and a half years. He also spent seven years as portfolio manager and founder of Silver Peak Capital Management; three years as director at Veronis, Suhler & Associates; and four years as assistant vice president in the real estate investment banking group at Kidder Peabody and PaineWebber. Mr. Masoudi holds the Chartered Financial Analyst and Chartered Alternative Investment Analyst designations. He graduated with a bachelor’s degree in finance and investments from Babson College in 1992.
WRS hired Mr. Masoudi after a nationwide search that started during the summer and was conducted by executive search firm Korn Ferry International.
The Wyoming Retirement System administers retirement plans for roughly 42,000 public employees in Wyoming and 23,000 retirees and has approximately $7 billion in assets. WRS is based in Cheyenne, WY (www.retirement.state.wy.us)
Ruth Ryerson, executive director of WRS, said she’s pleased Mr. Masoudi is part of the WRS team. “With Sam’s diverse investment background, he will provide excellent leadership to the investment management team,” she said.
© 2013 PEPD • Private Equity’s Leading News Magazine • 11-14-13