Nicole Musicco Chief Investment Officer, CalPERS, speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, U.S., May 3, 2023. REUTERS/Mike Blake Acquire Licensing RightsNEW YORK, Sept 15 (Reuters) - The Chief Investment Officer of the largest U.S. state pension manager, the California Public Employees Retirement System (CalPERS), will step down on Sept. 29, CalPERS said in a statement on Friday. CalPERS said Musicco's deputy Dan Bienvenue will serve as interim chief investment officer and it will soon start a global search for her replacement. Musicco took the role overseeing a 400-strong investment office less than two years ago, in February 2022, according to CalPERS website. The post added that she has two children and a "large, multigenerational family" and has "been shuttling between Sacramento and her native Toronto to attend to pressing matters".

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Persons: Nicole Musicco, Mike Blake, CalPERS, Dan Bienvenue, Musicco, I've, Isla Binnie, David Evans Organizations: Milken, Global Conference, REUTERS, California, Thomson Locations: Beverly Hills , California, U.S, Toronto, Canada, Sacramento