Mark Steed

Mark Steed began his work for PSPRS as a portfolio analyst in 2007. During his ensuing rise through the ranks, Steed has managed each of the PSPRS portfolio asset classes, including private equity investments, venture capital, fixed income, absolute return, private credit and global trading strategies. In 2019, Steed was promoted to Chief Investment Officer following a national search for candidates.

Steed was named by Money Market Intelligence as one of the U.S. public pension sector’s “Rising Stars.” He has played an instrumental role in transforming PSPRS’s $11 billion in investments from a traditional, stock-heavy portfolio to a modern, highly-diversified set of investments built to withstand market volatility while delivering significant returns.

Steed holds a Master of Science degree in Predictive Analytics from Northwestern University and a Master of Business Administration from the Thunderbird School of Global Management. He earned his Bachelor’s degree from Brigham Young University, where he majored in Latin American Studies with a minor in Business Management.

In 2014, Steed concluded a four-year project as a forecaster for the distinguished Good Judgment Project, led by prominent behavioral economist Phil Tetlock. Prior to joining PSPRS, Steed worked in banking for JP Morgan Chase.

He serves as an advisory board member to the Investment Institute and the Institutional Limited Partners Association, and has the honor of publishing the first guest column on Farnam Street, a prominent investment industry blog and newsletter.