Industry News
The office will use the consultant’s tradename and research.
At least one institutional investor is seeking further ways to financially punish Russia for its invasion of Ukraine.
He will oversee the New York-based firm’s U.S. investment activities, including sourcing, underwriting and execution of transactions.
17Capital will continue to operate as an independent business following the transaction.
He will lead portfolio management for the firm’s retail municipal bond separately managed account strategies.
The firm expects to announce a successor “in due course.”
The hire follows the retirement of a long-time investment team member.
The cio will oversee approximately $274 billion in assets from five pension systems.
He will work with the Systematic team to articulate investment strategies and share investment information.
The firm’s founder and co-cio is assuming a new role as vice chairman.
