Larry Powell is the former Deputy CIO and co-managed the Utah Retirement Fund, a $25B US Public Pension Plan. Mr. Powell joined URS in 2008, he was ultimately responsible for the oversight and management of the investment team, analyzing deals and investing in all global public and private market asset classes. He worked with the URS investment team in all aspects of the investment management process, including manager sourcing, due diligence, buy/sell decisions, fee and term negotiations as well as the tactical and strategic investing of the URS portfolio. Prior to joining URS, Mr. Powell served as Managing Director, External Public Markets (EPM) at the Teacher Retirement System of Texas. In this position, Mr. Powell managed a team of ten professionals who collectively oversaw all of TRS’ global investments in external managers within equities, fixed income and hedge funds. The EPM portfolio represented approximately 1/3 of all TRS’ assets estimated at $100billion. Previously, Mr. Powell was President and Chief Investment Officer of a macro hedge fund firm, which he founded in 1987. He holds a B.S. degree with a dual concentration in Finance and Real Estate from the University of Arizona, Tucson.
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