AIG Layoffs Include Head of Alt. Investments in Europe

AIG Investments has laid off its head of European Alternative Investments business, Ion Bogdaneris, peHUB has learned. Bogdaneris’ bio, which has been removed from AIG’s website, is posted after the jump. Bogdaneris joined AIG Investments in 2006 after working as a senior advisor to Blackstone Group. The layoff occurred in recent weeks as AIG Investments cut a chunk of its European staff. (peHUB heard a rumor that 10% of the group’s employees were cut in Europe, including marketing, business development and sales.) His LinkedIn profile hasn't been updated yet, however. Meanwhile Raj Ranawat, a managing director in the direct investments group in London, was also laid off. Lastly, a source told peHUB that Devesh Bajoria, a senior analyst in the private equity

15 December 2008•2 mins read
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