PRINT THIS PAGE

Reilly replaces Kester at Colorado PERA

Chris Reilly is to replace Kevin Kester as head of alternative investments at Colorado Public Employees’ Retirement Association (PERA).

Kester left the pension fund in December last year to become vice president of capital markets for The Broe Companies. Broe operates railroad, transportation, senior housing, commercial real estate and medical device businesses.

Prior to his promotion, Reilly was one of three members of the alternative investments team at Colorado PERA. He previously served as a portfolio manager and senior analyst at the firm and has also worked with Deutsche Bank Securities and Salomon Smith Barney.

‘I am very excited to be part of such an innovative and talented programme,’ Reilly said. ‘I look forward to managing our alternative investment process, which has been carefully developed in recent years.’

Colorado PERA currently manages in excess of $28bn in assets. Approximately 11 per cent of these total assets are invested in alternative investments, including private equity.

Copyright © 2004 AltAssets