2 min read · 21 January 2009
Andrew Doman has been named CEO of Russell Investments. He previously was a founding director of McKinsey & Co.’s UK-based European Asset Management practice. He succeeds John Schlifske, who will continue to serve as Russell’s president.
3 min read · 21 January 2009
Moody's Investors Service has lowered the corporate family and probability of default ratings on Allison Transmission Inc., a Speedway, Ind.-based maker of automatic transmissions for commercial and military vehicles. The Carlyle Group and Onex Partners bought Allison Transmission from General Motors in 2007, for $5.575 billion.
3 min read · 21 January 2009
2 min read · 21 January 2009
Christine Daley has joined Oak Hill Advisors as a managing director, focused on opportunities in the stressed and distressed credit markets. She previously was a managing director with Lehman Brothers.
2 min read · 21 January 2009
The California Public Employees’ Retirement System (CalPERS) has named Joseph Dear as its next chief investment officer. He has spent the past six years as executive director of the Washington State Investment Board.
3 min read · 21 January 2009
1 min read · 21 January 2009
Manatron Inc., a Portage, Mich.-based provider of property tax solutions for state and local governments, has acquire Software Techniques Inc., a provider of computer-assisted mass appraisal software to government property appraisal districts. Thoma Bravo, which took Manatron private last year for $66 million, helped finance the deal. No overall pricing terms were disclosed.
3 min read · 21 January 2009
3 min read · 21 January 2009
1 min read · 21 January 2009