PSPRS Executive Team

The PSPRS Executive Team ensures the efficient execution of the day-to-day operations of the PSPRS Administrative Office and is dedicated to administering all directives established by the PSPRS Board of Trustees.


 Deputy Administrator

 Chief Investment Officer

 Michael Townsend


 Mark Steed

Mark Steed – Chief Investment Officer

Mark has senior responsibility for the public equity and credit opportunities portfolios and has more than 10 years of experience with private and public markets. Starting as an intern in 2007, Mark earned an investment team position that included overseeing private equity and venture capital investments. He recently 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, Mark worked in banking for JP Morgan Chase. Mark lives in Gilbert with his wife and three children, and is a member of the acclaimed musical group Cinematic Pop.

• MS in Predictive Analytics (Northwestern University)
• MBA (Thunderbird School of Global Management, Jost Henkel Scholar)
• Undergraduate in Latin American Studies (Brigham Young University, Honors from Sigma Iota Rho)
• Specific Research on Private Markets in Emerging Economies
• Named among 2013 “Rising Stars of Public Funds” by Money Market Intelligence
• Previously lived in Latin America
• Fluent in Spanish