The Victorian Funds Management Corporation (VFMC) has appointed Gary Gabriel as Head of the Portfolio Management Group within the fund’s Investment Team.
Gabriel joins from SAS Trustees (State Super) where he was Chief Investment Officer.
He joined VFMC earlier this month and will lead the group responsible for determining portfolio strategy and asset allocation, measuring and calibrating investment risk and implementing VFMC client portfolios.
Gabriel has more than 25 years’ experience in institutional investment, and prior roles include not only CIO of State Super, but also General Manager of Portfolio Strategy and Risk at HESTA, Managing Director (Asia Pacific) for Wilshire Associates, Head of Private Markets at the Future Fund, Manager, Investment Strategy and Head of Private Markets at UniSuper.
Charles Wu, Deputy CIO of State Super, will become acting CIO of the NSW fund while a search for a new CIO is underway.