Jim Maloney is a director at the Illinois Public Pension Fund Association and a director of Beachpoint Capital Management. He was a trustee of the Chicago Policemen’s Annuity and Benefit Fund for over 11 years, including 1.5 years as interim chief investment officer. He retired from the Chicago Police in 2017, after 35 years of service, which saw him rise to the rank of Lieutenant. Jim has been active as an advocate for public fund investors for over a decade and is an active participant in the institutional investor conference circuit – when it exists.
Our conversation traces Jim’s childhood in the Midwest and his ties with Ireland, including a period spent in the country while growing up, and then what led him to enter the Chicago police. We look at the highs and lows of a career of over 35 years, in which Jim took every available opportunity to advance and take on extra training and built strong collegial ties. We look at what first interested him in investment and how his representation on the Trustee Board of the Pension Fund tilted his life in another direction.
Jim is a good friend of mine and was the reason I had the privilege to serve as CIO of the Chicago Policemen’s Annuity and Benefit fund for over 3 years. It was a further privilege to interview him here.