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Jonathan Grabel is the CIO for the Los Angeles County Employees Retirement Association (LACERA). Mr. Grabel manages a $55 billion defined benefit pension fund on behalf of LACERA's 165,000 active and retired members. He also oversees the investments for the LACERA-administered $970 million healthcare benefits program.
Prior to LACERA, Mr. Grabel was the CIO for New Mexico PERA. Previously, he was a general partner at Baker Capital, a New York-based private equity firm. Earlier in his career, Mr. Grabel was an investment banker.
Mr. Grabel received his BS in economics from the University of Pennsylvania Wharton School of Business and his MBA from the University of Chicago Booth School of Business. He is a CPA.