Edward Root was named managing director at insurer Global Atlantic Financial Group to lead the insurer's pension risk transfer business.
Audax Group closed its latest mezzanine debt fund, Audax Mezzanine Fund V, at $1.85 billion, exceeding its fundraising target.
Funding ratios for U.S. corporate pension plans increased in April, driven by strong equity markets.
Paget MacColl was named senior managing director and global head of Blackstone Alternative Asset Management institutional client solutions.
Multiboutique money manager Carillon Tower Advisers hired Robert Kendall as its new president, replacing Cooper Abbott.
Olivier de Larouzière was named chief investment officer for global fixed income at BNP Paribas Asset Management.
Archer Daniels Midland bought group annuity contracts from three insurers to transfer a total of about $700 million in pension liabilities.
Deborah Gallegos joined middle-market private equity manager Palladium Equity Partners as a managing director, a new position.
Ken Brooks, vice president, institutional business development at T. Rowe Price Group, will retire June 4.
Arconic Corp. agreed to purchase a group annuity contract to transfer about $1 billion in U.S. qualified pension plan liabilities.
Friess Associates' 401(k) plan is urging shareholders of two AMG mutual funds to reject the termination of Friess as a subadviser.
Bridgewater Associates launched a sustainable investing group overseen by newly named co-CIOs Karen Karniol-Tambour and Carsten Stendevad.
David Smith, senior vice president, and Jonathan Farr, vice president, are joining Callan's alternatives consulting group.
General Motors purchased group annuity contracts transferring about $1.4 billion in Canadian pension plan liabilities to three insurers.