[Local-Gov-News] Oregon State Treasury | Local Government Investment Pool

[OST NEWSLISTS]

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Staff Update
As Chief Investment Officer, John Skjervem has led profound changes over the past eight years in how we invest more than $110 billion-including the Oregon Short Term Fund (OSTF). Under his leadership, we have strategically repositioned our asset classes and thoughtfully de-risked our portfolio; reduced operating expenses by increasing the proportion of assets managed internally; and delivered continuously strong fund performance, especially compared to our public fund peers.

John will soon leave Treasury to become CEO of an asset management firm in California. While we will miss John's experience and wise counsel, we couldn't be happier for him that he's been offered such a spectacular professional opportunity and we wish him well as he returns to his home state to take on this new and exciting challenge.

Management of the OSTF remains piloted by the experienced, capable hands of the Fixed Income team's other members, which include Angela Schaffers, Perrin Lim, and Geoff Nolan. Thank you for your continued investment in and support of the OSTF, and please do not hesitate to contact members of the team at 503.431.7900 with any questions.
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350 Winter Street NE, Suite 100
Salem, OR 97301-3896

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