Delivering Alpha
Delivering Alpha virtual summit will take place on September 29, 2021.
Delivering Alpha

Jonathan Grabel

Jonathan Grabel, chief investment officer at Public Employees Retirement Association of New Mexico
Source: Jonathan Grabel

Jonathan Grabel is the chief investment officer for the Public Employees Retirement Association of New Mexico. Grabel manages a $14 billion defined benefit pension plan on behalf of NM PERA's 100,000 active and retired participants. In addition, he oversees New Mexico's $500 million deferred compensation plan.

Prior to his appointment with NM PERA, Grabel was the chief investment officer for the Montgomery County Public Schools in Maryland. In this role, he had responsibility for the MCPS defined benefit and defined contribution plans.

Previously, Grabel was a general partner at Baker Capital, a New York-based private equity firm. He spent 13 years at Baker beginning in 1998 and became a general partner, lead investor and member of its investment committee in 1999. While at Baker, he successfully managed investments through multiple economic cycles. His portfolio investments ranged from pre-revenue start-ups to management buyouts.

Earlier in his career, Grabel was an investment banker at SBC Warburg and with Nomura Securities International. He also worked in public accounting at Arthur Andersen.

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.