Thursday, 24 July 2014
Last updated 2 hours ago
Nov 8 2010 | 10:41am ET
PineBridge Investments, the former asset management arm of insurance giant American International Group, has hired a former Credit Suisse executive and co-founder of Wasserstein Perella as its new chief operating officer.
George Hornig will oversee finance, operations, compliance, technology, product development, legal, marketing and communications at the $83 billion firm. Hornig will also serve as a senior managing director and a member of PineBridge's executive committee.
“I am delighted that we have found someone of George’s caliber for this important position at PineBridge,” Win Neuger, CEO, said. “His ability to identify and execute business strategy solutions, in addition to his proven track record in managing the functional areas of large global asset management firms, will be a major driving force in positioning the firm as we continue to pursue our strategic goals."
Hornig was most recently co-global COO at Credit Suisse Asset Management. He is also a former COO for the Americas at Deutsche Bank and a former mergers and acquisitions banker at First Boston.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…