Industry News
Kudu Investment Management has made a passive minority investment in RiverNorth Capital Management.
Thomas J. Gahan was named president and ceo while James W. Hirschmann III was tapped as chair.
The new senior managing director will oversee the continued growth and integration of Pretium’s operating companies.
The global alternative investment manager hired Ari Dukas as managing director and lead credit product specialist.
BlackRock will acquire the global credit investment manager for approximately $12 billion.
The current president and ceo is retiring after more than 26 years with the plan.
The firm appointed two members of its team to new positions.
He will focus on cultivating Blackstone’s relationships with the consultant community and will also assist the firm’s private capital group.
The acquisition will see roughly $2.3 billion in assets move to C.S. McKee.
Manager research teams must work harder and tailor their marketing approaches in order to gain attention and win assets from consultants in a changed investment environment, a new study finds.