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.

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

Subscribe


Alt Insights

November 20, 2019

Prison For the Man Who Tried to Scam The Mooch

Prison For the Man Who Tried to Scam The Mooch
Shape

Latest Alternative Investment News

Bitcoin Plunges to Sub-$7000 Levels Before Recovering
November 22, 2019     Digital Assets, News

Bitcoin plummeted today after back-to-back crackdowns on virtual currencies by the Chinese Government. Yesterday, regulators in Shenzen, and today, in Shanghai, threatened to crack down on alleged illegal activities. The…

London Stock Exchange and PrimaryBid To Democratize Public Equity Offerings
November 22, 2019     FinTech, Latest News, News

The London Stock Exchange (LSE) has tied-up with fintech PrimaryBid to give retail investors access to share offerings. PrimaryBid’s internet-based investment platform will allow retail investors to digitally access share…

Ray Dalio Is Shorting the World
November 22, 2019     Hedge Funds, Investments, News

Hedge fund manager Ray Dalio is shoring the markets. The largest hedge fund in the world – Bridgewater Associates – has a $1.5 billion bet that the markets will fall…

A UK Legal Task Force Clarifies on Cryptoassets and Smart Contracts
November 22, 2019     Digital Assets, News

A UK Jurisdiction Task Force has issued a legal statement on cryptoassets and smart contracts. Issued under the aegis of the Law Tech Delivery Panel, the document is a result…