
Saudi Arabia Transfers 8% of Aramco to Wealth Fund
The capital infusion into the sovereign wealth pool is meant to aid the kingdom’s bid to diversify its economy.
The capital infusion into the sovereign wealth pool is meant to aid the kingdom’s bid to diversify its economy.
Brown joined from Chrysler as investment chief in late 2009.
Nayar leaves HSBC after more than 25 years at the company.
The former Morgan Stanley vice chairman, deputy secretary of state and ambassador to Israel will lead the firm’s client relations.
Doll will take on three top roles at the faith-based investment firm.
Voya IM names new CEO; Goldman adds head of retirement role for asset, wealth group.
Covalent will initially be capitalized with $1.05 billion to focus on investments in North America and Europe.
The current head of global equity will take over the role for CEO Rob Sharps at the start of the new year.
Brookfield Business Partners bought the nuclear tech company out of bankruptcy in 2018 for $4.6 billion, while this deal values the company at $8.2 billion.