Amy C. McGarrity was named Interim Executive Director by the PERA Board of Trustees on June 1, 2023, and will serve until a permanent Executive Director is hired. In this capacity, she is responsible for PERA operations, as well as the execution of PERA’s strategy implementation. Ms. McGarrity was named Chief Investment Officer (CIO) in 2017 and Chief Operating Officer (COO) in 2022.

As CIO and COO, Ms. McGarrity is responsible for managing an investment portfolio of $55.9 billion for the defined benefit plans and $5.1 billion for the defined contribution plans in accordance with the Board of Trustees’ policies and state statutes. She oversees portfolio and risk management for global equities, fixed income, real estate, private equity, and alternatives. Ms. McGarrity recommends investment policy to the Board of Trustees and contributes to organizational strategic planning. She also oversees relationships with the custodial bank and investment consultants and represents Colorado PERA to legislative bodies and other external entities.

While at PERA, Ms. McGarrity previously worked as a Senior Investment Officer, and then as the Deputy Chief Investment Officer. She has also held investment positions at William Blair Investment Management, Buck Consultants, Prima Capital Holding, William M. Mercer Investment Consulting, and Caxton Associates.

Ms. McGarrity holds a bachelor’s degree in finance from the University of Wyoming, and a Master of Business Administration (MBA) from Rider University. She is the co-chair of the Investor Advisory Group for the Public Company Accounting Oversight Board, serves on the Healthy Markets Association Board, and the Girl Scouts of Colorado Board and Finance Committee. She has earned the right to use the Chartered Financial Analyst (CFA) designation and serves on the Diversity, Equity and Inclusion Steering Committee for the CFA Institute.