HIRINGS
Weingart Foundation, Los Angeles, hired Capital Guardian Trust and Salomon Brothers Asset Management. Each firm will get $50 million in fixed income.
The foundation, with $660 million in assets, had managed the $100 million in-house. It will continue to manage the remaining $50 million of its fixed-income portfolio in-house, said Ann Van Dormolen, vice president and treasurer.
The search was conducted in-house.
