Thursday, 2 October 2014
Last updated 1 hour ago
May 14 2010 | 1:09am ET
Hedge fund Chilton Investment’s pension fund point person has joined Houlihan Lokey.
Francis Heller will lead the boutique investment bank’s new pension fund advisory practice. Houlihan Lokey last year landed the biggest client it could have in the space, winning a mandate from the California Public Employees’ Retirement System to help it evaluate its investment managers.
“Pension fund administrators are increasingly turning to Houlihan Lokey for objective and independent advisory work related to valuation, corporate finance, secondary market transactions, and special situations,” said John Mavredakis, head of the firm’s financial sponsors coverage group. “We have already completed several high-profile engagements with some of the world’s largest pension funds, and we feel now is the right time to establish a dedicated business practice focused solely on the needs of the pension fund community.”
At Chilton, Heller was managing director of pension fund solutions. She has not been replaced, and her responsibilities have been divided between other Chilton executives and outside consultants, Pensions & Investments reports.
Heller has also worked at Bear Stearns, where she headed its pensions, endowments and foundation services, and MBIA Inc., where she set up its asset management business.
Sep 22 2014 | 4:15pm ET
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Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
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