Veteran Series: Mansco Perry A Curious Mind
One of most highly regarded investment chiefs in public pensions, Perry continues to keep a cool head during turbulent times.
Art by John Jay Cabuay
Editor’s Note: Mansco Perry III is one of the stellar CIOs who will be featured on our upcoming Power 100 list, to be released this month.
Mansco Perry III is always working out a problem in his head. For years, the investment chief at the Minnesota State Board of Investment thought about what his team would do in the event of another downturn like the 2008 financial crisis. By the time the equity markets took a nosedive in March, he had a strategy in mind to talk over with his investment staff and his trustees, mainly to increase liquidity to safeguard the portfolio.