The $224.9 billion California State Teachers’ Retirement System has hired Scott Chan as the new deputy chief investment officer. Chan begins his tenure on August 1 and will report directly to CalSTRS chief investment officer, Christopher Ailman.
Chan is an investor with both public and private sector experience, said Ailman. “His investment talents are only one side of the story. Scott also possesses the right temperament and personality to lead a very diverse — and growing — investment team.”
Chan comes to CalSTRS from the University of California Regents, where he was the senior managing director of its $55 billion global equities portfolio. Prior to his UC Regents tenure, Chan was the chief investment officer for the $8 billion Sacramento County Employees’ Retirement System and a partner and portfolio manager for a number of hedge fund partnerships.