Treasury’s Investment Team Welcomes Elizabeth Caldas as Deputy Chief Investment Officer.

Published on Friday, February 21, 2025

Rhode Island General Treasurer James A. Diossa has welcomed Elizabeth Caldas to the Treasury’s investment team as Deputy Chief Investment Officer. The investment team is responsible for overseeing the State’s entire investment portfolio – which includes the state’s pension assets. “I'm proud to welcome Elizabeth Caldas to our investment team as Deputy Chief Investment Officer,” said Treasurer Diossa. “Elizabeth is a seasoned institutional investor with decades of experience in asset management and private equity, including work with the New York State and New York City Comptrollers, and the United Nations. She is a welcomed addition to our team and is poised to strengthen Rhode Island's investment portfolio.”

Prior to joining the Rhode Island Treasury, Ms. Caldas served as Investment Officer, Credit and Opportunistic & Absolute Return Strategy at the New York State Common Retirement Fund under the Office of the New York State Comptroller. She served nine years as a Senior Investment Officer at the United Nations Joint Staff Pension Fund, and seven years as Director of Private Equity at the NYC Office of the Comptroller. Ms. Caldas has worked in economic development and institutional investments for roughly three decades; and has a Bachelor of Science degree in Economics from Northeastern University.