PSP Investments Names Infrastructure, Clean-Tech Boss Patrick Charbonneau as CIO
Charbonneau has been president and CEO of PSP subsidiary Canada Growth Fund Investment Management, which named Yannick Beaudoin as his successor.
Newsmakers
Maryland State Pension CIO Andrew Palmer Announces Retirement
Palmer, CIO of the Maryland State Retirement and Pension System since 2015, expects to step down this summer.
Karyn Vincent, Senior Head of Global Industry Standards at the CFA Institute, to Step Down
Vincent, who is also the GIPS standards executive director at the institute, will leave that post at the end of January.
London CIV Names Jenny Buck as CIO
The appointment of the former Tesco pension CIO will be effective in early March.
Treasury Nominee Bessent Touts Fiscal Discipline in Confirmation Hearing
The former Soros CIO and hedge fund manager discussed tax policy, sanctions and deregulation while answering questions from the Senate Finance Committee Thursday.
Kelly Cavagnaro Joins Janus Henderson as Head of North America Institutional
The appointment of Cavagnaro is effective immediately.
Jacmel Partners Names Mike Salzman as Operating Partner
The firm plans to launch an infrastructure investing platform.
Madoff Victim Fund Makes Final Payout
The fund will wind down after recovering more than $4.3 billion for victims of Bernie Madoff’s $64 billion fraud.
Anne Henderson Named Participant and Plan Sponsor Advocate at PBGC
Henderson will succeed Constance Donovan, who retired in August after 11 years at the Pension Benefit Guaranty Corporation.
Insight Investment CEO Abdallah Nauphal to Retire, Raman Srivastava Named as Successor
Nauphal will retire in the first half of 2025 after 20 years at the firm.
Academics Form ‘Shadow SEC’ Group to Facilitate Policy Discussions on Federal Securities Laws
The academic group will seek the “wisest possible federal securities laws and policies” and backed Trump’s pick for SEC chair.
Con Michalakis Joins Funds SA as CIO
Michalakis will leave his deputy CIO role at Hostplus and start at the South Australia investment manager in February 2025.
Kerry O’Brien Joins MetLife Investment Management
She is the firm's new global head of insurance asset management and liability solutions.
Trump’s SEC Nomination Draws Strong Reactions
The appointment of Paul Atkins as SEC chair, pending Senate confirmation, received predictably mixed reactions, with cryptocurrency a hot talking point on both sides.
TIFF Appoints 2 Managing Directors to Client CIO Group
Chris Bunzel and Anne Duggan will join from Partners Capital as co-heads of custom asset allocation.