Industry News
Jon Weiss, head of wealth and investment management at Wells Fargo, has been appointed to the newly created role of ceo of corporate and investment banking, effective immediately.
Cambridge Associates has hired David Eisenberg to serve as managing director and as an additional outsourced cio in the firm’s pension practice.
Matthew Beesley will join Artemis Investment Management on April 20 as cio.
Third Avenue Management has hired Erik Kleinbeck as head of business development, effective immediately.
CBIZ has acquired substantially all the assets of Pension Dynamics Company.
H.I.G. Bayside Capital has promoted Andrew Scotland to co-head of European special situations debt activities.
Acadia Realty Trust promoted Reginald Livingston and Jessica Zaski to senior v.p.s and co-heads of acquisitions, effective Jan. 1.
Angelos Dassios has been named cio of private equity firm Paine Schwartz Partners.
Angel Oak Capital Advisors has named cios for both its public and private strategies.
Private equity persistence is evident in pre- and post-2000 vintages, but prior track record should only be used as a “valuable reference point” for investors as it needs to be placed in context with factors such as the strategy and organization that created it, a new study finds.