BRUCE H. CUNDICK, CFA, CPA
Bruce H. Cundick recently served as the Utah Retirement Systems Chief Investment Officer. He was responsible for directing the overall operations of the Investment Department. He managed all aspects of investment functions for all plans. The Utah Retirement Systems is a $50 billion state pension fund, with 40% invested in alternative assets, including private equity, real assets, private credit, and hedge funds.
Mr. Cundick graduated Magna cum laude from the University of Utah with a Bachelor of Arts degree in Accounting and a Master of Business Administration Degree. Bruce is a Chartered Financial Analyst (CFA) and a Certified Public Accountant (CPA). Bruce was an adjunct professor and associate instructor at the University of Utah, teaching finance, accounting, and investment classes for over 20 years. He also taught graduate courses in the Master of Science and Technology program at the University for another 10 years.
He had been with the Utah Retirement Systems for nearly 21 years. During the previous fourteen years, Bruce was the Chief Financial Officer and Chief Investment Officer at Beneficial Life Insurance Company, where he directed $2 billion portfolio of fixed income, mortgage-backed, and equity securities. Prior to that, he held the position of President and Chief Executive Officer at Deseret Federal Savings and Loan.
Bruce has held Board positions in trucking, mortgage banking, real estate development, savings & loan and property and casualty insurance companies. He currently sits on the Benefits Finance Committee of the Board of Directors for Intermountain Health Care and was formerly on the Investment Advisory Committee for the University of Utah Endowment. He was released after eight years of service as a Trustee of the Standards Board for Alternative Investments but is currently a trustee emeritus of that organization. Bruce has been appointed to the Board of the MVP Fund – a 1940 Act private equity/private credit fund. He is currently a senior advisor to PEO Partners, a hedge fund, and also serves as an advisor to CD Healthcare, a healthcare real estate infrastructure fund.