NYC Comptroller CIO Monte Tarbox outlines climate investing strategy for $306B pension systems
By
Mona Dohle
Pulled from the oven just right. Trustworthy, fact-dense, deeply satisfying.
Summary
Monte Tarbox, the newly appointed permanent CIO of the New York City Comptroller's Bureau of Asset Management, outlines his vision for climate investing across the five NYC public pension systems totaling over $306 billion in assets. With 30+ years of investment experience, Tarbox emphasizes the importance of climate returns and manager accountability, balancing fiduciary duty with sustainable investing principles.
Key quotes
· 3 pulledMonte Tarbox, the new CIO for the New York City Comptroller, sets out his vision on climate investing for the systems
The Bureau of Asset Management, which oversees more than $306bn in investment assets for the five New York City public pension systems, has undergone significant leadership changes
Tarbox brings more than 30 years of investment industry experience, having previously led investment teams for the National Electrical Benefit Pension Fund and the International Association of Machinists
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