It marks an abrupt exit for the investment chief, who set out to implement a reform agenda at the giant pension
California Public Employees’ Retirement System Investment Chief Ben Meng has resigned after about a year and a half in the position at the nation’s largest pension fund, according to the fund.
. Mr. Meng cut ties with a real-estate developer on a high-profile hometown property project, fired underperforming stock pickers and pushed staffers to take a closer look at private asset valuations.
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