Walé Adeosun, chief investment officer of Rensselaer, has been named chair of the New York State Common Retirement Fund’s (CRF) Investment Advisory Committee (IAC) by New York State Comptroller Thomas P. DiNapoli. The committee will review CRF investment strategies and provide investment advice and technical assistance to the Comptroller.

Adeosun is the first chief investment officer of the Institute, having joined Rensselaer in 2004 from the John D. and Catherine T. MacArthur Foundation. In this role, he is responsible for the management of the Institute’s assets and liabilities, including managing the endowment and pension plan investments as well as other financial capital assets, while working closely with the president, investment committee of the Board of Trustees, and the vice president for finance and chief financial officer.

Adeosun is a chartered financial analyst and is a member of DiNapoli’s Pension Review Task Force, which submitted a comprehensive report on the fund’s reforms in March. The fund is in the process of implementing the majority of the task force’s recommendations.

Adeosun has nearly 20 years of experience in pensions and investment management. At the MacArthur Foundation, he was managing director of public equities, responsible for $1.5 billion in U.S. equities investments and the marketable alternatives program. Previously, Adeosun was manager of pensions and risk management for Inland Steel Industries and for Ryerson Tull Corporation, a former subsidiary of Inland Steel Industries.

Adeosun received his MBA from the John M. Olin School of Business at Washington University in St. Louis, Mo., with a concentration in finance, and has an undergraduate degree in economics and business administration from Coe College in Cedar Rapids, Iowa.

Contact: Gabrielle DeMarco
Phone: (518) 276-6542
E-mail: demarg@rpi.edu