Craig Savitzky
The CIO of the $345bn US public pension will exit by end of 2018.
The Texas-based real estate investment firm has surpassed target for its fourth fund by over $100m.
Madsen steps down after 9 years with the US public pension.
CalSTRS increases exposure to diverse real estate managers.
The firm is moving on from Townsend Group after a decade.
The US public pension has issued an RFP for a consultant for all private asset classes.
Priya Mathur will serve as CalPERS' first elected female president.
Current COIO Wylie Tollette will depart in January 2018.