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Aaron Hood has been appointed interim executive director of the Ohio State Teachers Retirement System, effective November 18, following Lynn Hoover"s upcoming retirement. Hood, a finance senior fellow at West Point and former CFO at Summit Carbon Solutions, steps in amid ongoing turmoil within the $95.3 billion pension system, which has faced internal conflicts and investigations. Despite these challenges, Hoover"s tenure saw improvements in the fund"s financial status, increasing its funded ratio to 82.8 percent.
The leader of Perella Weinberg Partners predicts a surge in mergers and acquisitions due to the Trump administration's relaxed antitrust stance. CEO Andrew Bednar noted that the previous stringent regulations had weighed heavily on the M&A market, but this burden is expected to ease soon.
Jeff Stute, a seasoned investment banker with three decades of experience, is joining Citigroup as vice president of North American healthcare mergers, effective December. His recruitment aims to enhance Citi's healthcare M&A capabilities amid a competitive landscape, following recent promotions within the team. Stute previously held significant roles at Perella Weinberg Partners and JPMorgan Chase, advising on major pharmaceutical deals.
Citi has recruited Jeff Stute from Perella Weinberg Partners to enhance its healthcare M&A division, where he will serve as vice president starting in December. With over 30 years of experience, Stute aims to strengthen Citi's market position amid a competitive landscape, following recent promotions within the team. The healthcare M&A market has seen a 13% decline in deal volume this year, highlighting the challenges ahead.
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aaron hood appointed interim executive director of ohio teachers retirement system
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23:01 18.11.2024
Trump administration's antitrust approach to boost mergers and acquisitions
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citi hires jeff stute to enhance healthcare mergers and acquisitions team
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Citi hires Jeff Stute to enhance healthcare mergers and acquisitions team
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15:10 04.11.2024
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