Ebb & Flow

Janine Guillot joined the California Public Employees' Retirement System (CalPERS) as chief operating investment officer. She will report to CIO Joseph Dear and be responsible for the alternative investment (AIM), real estate and public market portfolios. She was managing director and COO for the global fixed income business at Barclays Global Investors, which was acquired by BlackRock in December 2009.

Mark Schoenebaum is joining International Strategy & Investment(ISI) as head of healthcare research covering biotech, pharma and specialty pharma. He is leaving Deutsche Bank, where he was a managing director and head of biotechnology equity research...