Deals and People

Barclays Expanding Online DC Operations

February 19, 2001 ( - In an effort to boost their defined contribution presence online, Barclays Global Investors, the nation's fourth largest defined contribution provider, has hired Sean Callinan to start a new online business unit.

CalPERS' Mark Anson on Asset Allocation, Part 3

When you're a $170 billion public fund, it's hard not to make waves. And when the California Public Employees Retirement System (CalPERS) made a $1 billion commitment to private equity, it definitely caught the attention - and imagination - of the investment community.

AT&T's Angelica Named CIEBA Chairman

February 7, 2001 ( - Robert Angelica, chairman and chief executive officer of the AT&T Investment Management Corporation, was elected chairman of the Committee on the Investment of Employee Benefit Plan Assets (CIEBA) of the Association for Financial Professionals (AFP).

CalPERS' Mark Anson on Asset Allocation, Part 1

Few plan sponsors have been as vocal, or as visible, in their commitment to private equity investments as the $170 billion California Public Employees Retirement System (CalPERS), the nation's largest public pension system. Recently PLANSPONSOR's Editor-in-Chief and CEO Charles Ruffel sat down with Mark Anson, CalPERS' Senior Investment Officer for Global Equity, to discuss the current environment and prospects for the future.

Chao Confirmed As U.S. Secretary Of Labor

January 30, 2001 (PLANSPONSOR.COM) -- The U.S. Senate unanimously and expeditiously confirmed Elaine Chao as secretary of the Department of Labor (DOL) who sailed through her confirmation process without significant opposition.

BoA Asset Management Names New Head

Jan. 25, 2001 ( - Bank of America Corp. (BoA) announced Thursday that Morgan Stanley Dean Witter executive Richard DeMartini was named to lead its $277 billion Asset Management Group.

Connecticut State CIO Disputes Dismissal

January 7, 2001 ( - Former chief investment officer Tom Flanigan last week lashed out at the state treasurer who had abruptly fired him on December 12, according to The Hartford Courant.

CalPERS' Boldt Named Managing Director of Pivotal's Cross-Over Fund

January 5, 2001 ( - Bob Boldt, a former senior investment officer for the California Public Employees' Retirement System, has joined San Francisco-based Pivotal Asset Management, a $750 million money manager that oversees a cross-over hedge fund that invests both in public and private companies.

Conn. CIO's Abrupt Exit Spurs Questions

Jan. 2, 2001 ( - There's a new Chief Investment Officer opening at State of Connecticut - but potential applicants might want to hold off on unpacking their bags. Incumbent Tom Flanigan, one-time CIO of the California State Teacher's Retirement System (CalSTRS), departed after less than two months on the job.

Altvest CEO Joins Sanford Bernstein

December 18, 2000 ( Mason, chief executive officer of Altvest, left the online hedge fund data company last week for a job in equity research for traditional money manager Sanford C. Bernstein & Co. in New York.

CEOs Shuffled as Morningstar Shake-up Continues

December 12, 2000 ( - Stepping in to shore up the bottom line, Morningstar founder and Chairman Joe Mansueto has taken back his CEO title at the mutual fund rating provider - stripping Don Phillips of the title he assumed in 1998.

NY Life Benefit CEO Disend Retires

December 8, 2000 ( - Recordkeeping pioneer Joel Disend, chairman and chief executive officer of New York Life Benefit Services, has announced his retirement, effective December 31, 2000.