CalSTRS names April Wilcox as director of investment services
WEST SACRAMENTO, Calif. (October 19, 2020) – The California State Teachers’ Retirement System today announced the appointment of April Wilcox as the new director of investment services. Wilcox will oversee the business support units of the Investments Branch, including operations, performance, compliance and administration. The position reports directly to Chief Investment Officer Christopher J. Ailman.
Wilcox advanced to this position after spending five years as investment operations director where she managed middle-office trade management functions and operational risk.
“We conducted an extensive search with strong candidates both internally and externally,” Ailman said. “April has risen through the ranks in the Investments Branch at CalSTRS over the last 15 years and is an industry leader in investment operations.”
Wilcox has more than 20 years of investment experience across front, middle and back offices including investment operations and investment accounting. Prior to managing Investment Operations, Wilcox spent five years in CalSTRS’ Fixed Income unit, overseeing the Opportunistic Portfolio and external manager program. Wilcox joined CalSTRS in 2004 from the California Housing Finance Agency as an accountant.
“April’s deep breadth of knowledge and leadership skills will help drive success throughout the Investments Branch,” said Scott Chan, CalSTRS Deputy Chief Investment Officer.
Wilcox leads the Pension Peers Investment Operations Forum and is a member of both the State Street Client Advisory Council and the Investment Management Alliance at Cutter Associates. She also volunteers and advocates for Junior Achievement of Sacramento, a nonprofit organization dedicated to fostering work-readiness, entrepreneurship and financial literacy skills for young people.
“I am thrilled to continue my journey and growth at CalSTRS,” Wilcox said. “We have a great team and strong culture that I am fortunate to be a part of.”
Wilcox has a Bachelor of Science degree in finance from California State University, Sacramento, holds the Chartered Alternative Investment Analyst (CAIA) designation and was awarded the Investment Foundations Certificate by CFA Institute. Wilcox’s position replaces former Chief Operating Investment Officer Debra Smith.
CalSTRS provides a secure retirement to more than 964,000 members whose CalSTRS-covered service is not eligible for Social Security participation. Members retire on average after more than 24 years in the classroom with a monthly benefit of approximately $4,547. Established in 1913, CalSTRS is the largest educator-only pension fund in the world with approximately $257.9 billion in assets under management as of September 30, 2020. CalSTRS demonstrates its strong commitment to long-term corporate sustainability principles in its annual Global Reporting Initiative Sustainability Report. For more information, visit CalSTRS.com.