Thursday, 26 November 2015
Last updated 10 hours 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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…