Corporate Moves
NYC Pensions Reach Climate Disclosure Deal With JPMorgan Chase, Citigroup, RBC
City Comptroller Brad Lander said he expects energy supply ratio disclosure will become a ‘new standard’ for the banking sector.
Cerity Partners Merges with Agility in OCIO Push
Chris Roth Named Northern Trust Asset Management’s CIO of Global Fixed Income
Roth joins the $1.2 trillion asset manager after almost a quarter-century at Morgan Stanley.
PRT Market Headed for Another Year Over $40B, Aon Says
Xponance Alts Unit Acquires Minority Stake in Copia Group
Woman-owned firm aims to invest in diverse investment companies.
MFS Investment Management Appoints Alison O’Neill as CIO
Saudi Arabia Transfers 8% of Aramco to Wealth Fund
The capital infusion into the sovereign wealth pool is meant to aid the kingdom’s bid to diversify its economy.
Exelon CIO Doug Brown to Retire, Hart to Replace Him
Brown joined from Chrysler as investment chief in late 2009.
Prudential’s Asset Management Unit Names HSBC’s Vis Nayar CIO
Nayar leaves HSBC after more than 25 years at the company.
Blackstone Hires Thomas Nides for New Vice Chairman Role
The former Morgan Stanley vice chairman, deputy secretary of state and ambassador to Israel will lead the firm’s client relations.
Crossmark CEO, President Mike Kern Steps Down; CIO Bob Doll Named Successor
Doll will take on three top roles at the faith-based investment firm.
Asset Management, Consulting Firms Make Leadership Changes for 2024
Voya IM names new CEO; Goldman adds head of retirement role for asset, wealth group.
3M to Freeze Nonunion Pension Plans in 2028
AP3, Wafra Introduce Private Equity Investment Platform
Covalent will initially be capitalized with $1.05 billion to focus on investments in North America and Europe.