Calpers private equity official Gladys leaves system

Michal Gladys, a private equity investment official at California Public Employees’ Retirement System, resigned April 4, Gladys confirmed for Buyouts.

Gladys, 39, said he had been thinking of leaving the system for a while. He said he is ready to tackle new opportunities.

“It’s going to be a good opportunity for me,” Gladys said.

Gladys would like to stay within the private equity world, but said he would also like to expand into other alternatives. At Calpers, which he joined in 2009, he worked primarily in private equity but he also has experience with real estate, hedge funds and private debt like collateralized loan obligations.

Prior to Calpers, Gladys worked as a finance manager at Leader Builders Corp from 2000 to 2007, according to his LinkedIn profile.

It’s not clear if Gladys is being directly replaced. Joe DeAnda, spokesman for Calpers, did not return a request for comment.

In January, Scott Brown, a member of Calpers’s private equity co-investment team, left the pension system. Brown had joined the system in 2013 and was a member of the team led by Mahboob Hossain, senior portfolio manager.

At the time, DeAnda said Brown’s position would be filled “by the standard state recruiting process.”

Action Item: Check out Michal Gladys’s LinkedIn profile here: http://bit.ly/1oFgddT

Photo courtesy of Michal Gladys/LinkedIn Profile