Dennis White Takes Over Massive Chicago Pension Fund (and More People on the Move)
Dennis White Replaces Jim Mohler at $3.8 billion pension fund.
The Chicago Municipal Employees’ Annuity & Benefit Fund has appointed Dennis White as the new executive director of the $3.8 billion fund. White will replace Jim Mohler, who recently left the fund to take over the $1.3 billion Chicago Metropolitan Water Reclamation District Retirement Fund.
Now, here are more people on the move for September 30, 2019.
- Houston-based real estate fund Hines has promoted David Steinbach and Chris Hughes to the roles of co-heads of investment management. The two will oversee about $124 billion in assets. The appointments come due to rising demand from investors CalPERS, Abu Dhabi Investment Authority, the National Pension Service of Korea, and Ivanhoe Cambridge.
- Aberdeen Standard Investments appointed two individuals to build the firm’s Environmental, Social and Governance (ESG) investment offerings. The firm has appointed Danielle Welsh-Rose as its new investment director for the Asia Pacific region. It also tapped Petra Daroczi as a new investment analyst for ESG and fixed income. Welsh-Rose has more than 17 years’ experience in ESG leadership roles. She will report Euan Stirling,
- Meanwhile, UBS Asset Management is shaking up its European property division. The firm has hired a new CIO in Jonathan Hollick, according to a company press release from Monda. Hollick was previously a senior manager in the company’s UK property business. He is also a manager of the firm’s flagship Triton property fund, which has an AUM of £930 million.
- Mahir Zaimoglu had departed the role of head of private equity M&A for EMEA JPMorgan. Now, after a gardening leave, Zaimoglu has secured a role at Goldman Sachs as a managing director of the financial sponsors M&A group. In other Goldman news, partner Arun Dhar has left the firm. Further, Dhar became a partner just last year.
Latest Alternative Investment News
Evidation Health’s Achievement platform collects everyday health data for use in innovative research and health platforms. Giving due emphasis to user privacy and controlled, permissioned health data, the platform gathers…
MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL), Ava Robotics, and the Greater Boston Food Bank (GBFB) collaborated on a robotic solution to the problem of disinfecting a large area…
Alternative Investments: TrueMark Investments Launches A Structured Outcome ETF That Tracks the S&P 500 Index
TrueMark Investments has launched the TrueShares Structured Outcome (July) ETF (NYSEAMERICAN: JULZ) that offers investors exposure to the S&P 500 price index. The ETF is a “structured outcome” product, the…
The Supreme Court of India recently struck down a circular issued by the Reserve Bank of India that barred banks from serving crypto businesses such as traders, exchanges, or others….