Kohlberg Kravis Roberts & Co. has promoted four professionals in its asset management department to run the firm's special situations and leveraged credit strategies. The private equity firm appointed Jamie Weinstein and ...
Connecticut Attorney General Richard Blumenthal has filed suit against Moodys and Standard & Poors for allegedly enabling the worst economic downturn in the nation since The Great Depression due to their issuance of tainted ...
Knight Libertas has added two veterans to lead the institutional broker-dealers bond research team. Charles Mounts joins as the Jersey City, N.J-based firms new managing director of fixed-income research, and ...
Stifel, Nicolaus & Company has further developed its full-service capital markets platform with the creation of an asset management and portfolio advisory division, the St. Louis, Mo.-based institutional brokerage and investment-banking ...
BTIG has added two new sales executives to its fixed-income group, the New York-based broker/dealer said today, bringing the group to a total of 70 professionals. The firm hired Alexander Piper as a director in the fixed-income ...
The $1.9 billion City of Cincinnati Retirement System cut $20 million in funding from two managers during an Investment Committee meeting last month. Fixed-income manager PIMCO is expected to manage half of the ...
The roughly $129 billion New York State Common Retirement Fund (CRF) started the year off with a bang and let go of three equity firms last month accounting for a total of $864 million. According to the CRFs January 2010 pension ...
The $19.1 billion Ohio Bureau of Workers Compensation (BWC) Board of Directors approved the hiring of State Street Global Advisors (SSgA) and BlackRock Institutional Trust Company as new passive index managers for two of its internal funds. During ...
After three months of discussion, the $7.6 billion Louisiana State Employees Retirement System (LASERS) Board of Trustees and its Investment Committee decided to terminate The TCW Group, system CIO Bobby Beale told IMW. On ...
Due to poor investment performance, the roughly $32.1 billion Illinois Teachers Retirement System (TRS) has terminated BlackRock and placed five other managers on watch during its Feb. 25-26 Board of Trustees meeting. According to ...