Hawaii Begins CIO Search
The Hawaii pension fund is launching a search for a new Chief Investment Officer (CIO) to replace Kristin Varela, according to Buyouts Insider. This follows Varela’s hire to head the New Mexico State Investment Council’s (NMSIC) investment activity.
Reason for the Replacement
Kristin Varela, the outgoing CIO, was hired for a new role at NMSIC, prompting the Hawaii pension fund to initiate its search process. The article, published on April 16, 2026, by Alfie Crooks, highlights this transition as part of routine personnel changes in pension fund management. It is widely known that such funds often experience leadership shifts to align with strategic needs.
Context and Tags from the Source
The story is tagged as LP News, People - LPs, and US, reflecting its focus on limited partner activities and personnel in the U.S. pension sector. According to Buyouts Insider, this development underscores ongoing dynamics in investment management for public funds.
