VFMC has hired former GSAM executive as its new chief investment officer.
Former Goldman Sachs Asset Management (GSAM) managing director Justin Pascoe has been appointed chief investment officer at Victorian Funds Management Corporation (VFMC).
Pascoe will replace Leo de Bever, who has since departed the company.
The company's acting chief investment officer Andrew Elliott will continue in the role until Pascoe joins in September.
Prior to joining VFMC, Pascoe worked at GSAM in Hong Kong, as a managing director in their quantitative investment strategies team.
Before joining GSAM, he was the chief investment officer Asia ex Japan, of State Street Global Advisors, responsible for equity, fixed income and multi-asset processes.
VFMC is responsible for the investment of over $37 billion from the Victorian public sector.
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