News & Announcements
PERA Announces Michael Shackelford as Chief Investment Officer
July 20, 2022
Santa Fe, NM: The Public Employees Retirement Association of New Mexico, a leading retirement system, announced that Michael Shackelford has been named as Chief Investment Officer of the nearly $17 billion Trust Fund. PERA would like to thank Kristin Varela, Deputy Chief Investment Officer for serving in this role since June 2021. Shackelford has almost 30 years of investment management experience, where he has served as a chief investment officer for over a decade. Most recently, Shackelford served as Director of Investments for the North Dakota State Department of Trust Lands since 2019 where he managed the state’s sovereign wealth fund totaling $7.0 billion in assets. Shackelford commented “I am greatly looking forward to joining the high caliber team at PERA to help further their important mission.” “Michael will be the perfect fit for PERA,” said Greg Trujillo, PERA’s Executive Director. “Michael’s extensive investment background and portfolio management skills will help PERA strengthen its Trust Fund, develop strategic alliances and expand our portfolio risk management skills.” Shackelford graduated with a bachelor’s degree in economics from the University of Texas at Austin and received his master’s degree in economics from California State University.