Chief Investment Officer to take new position at local charity

Gary Dokes, Chief Investment Officer (CIO) at the Arizona State Retirement System (ASRS), has accepted a newly created position as CIO at the Arizona Community Foundation, a state-wide charitable organization. As such, Mr. Dokes’ last day with the ASRS will be Feb. 29.

“Mr. Dokes has served the ASRS membership extremely well over the course of his 18 years at this agency,” ASRS Director Paul Matson said. “During his tenure, the ASRS investment division has become recognized as a leader in public fund asset management with consistent top quartile performance. He will be missed and we wish him success in his new position.”

Over the next weeks, the ASRS will determine a succession plan, Mr. Matson noted. “We have a very talented pool of investment professionals and I’m confident of a smooth transition.” Mr. Dokes is excited to join the Arizona Community Foundation, having volunteered on its investment committee for the past year.

“I am very proud to have served the members of the ASRS, with a dedicated staff that is, I believe, some of the most professional people I have ever worked with,” he said.

The ASRS currently has approximately $32 billion in assets under management in a mix of investments including public and private equities, fixed income, real estate and commodities. About one-third of the assets are managed in-house, with two-thirds managed through outside investment managers.

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