Global COO Ken Pigaga to Be New CEO of NEX Optimisation Jenny Knott, the CEO of the NEX Optimisation post-trade division of NEX Group, is stepping down from her post as the division undergoes a restructuring, according to NEX Group officials. In addition, Ken Pigaga, global chief operating officer (COO) of NEX, has been appointed… Read More >>
Ex-Reuters CEO Tom Glocer Joins Morgan Stanley Board
New Lead Director and New Board Committee Chairs at Morgan Stanley Morgan Stanley reports that Reuters veteran Thomas Glocer has been appointed independent lead director of the board of directors, taking over from Erskine Bowles, effective September 1, 2017. Glocer was appointed by the board’s independent directors. Glocer’s appointment “reflects the Board’s governance policy of… Read More >>
TA Associates Backs Management Buyout of GSAM Unit
TA Associates Backs Aussie-Focused Investment Capabilities and Fund Platform TA Associates, a private equity firm, reports that it has signed a definitive agreement to back a management buyout of Goldman Sachs Asset Management’s Australian-focused investment capabilities and fund platform. Financial terms of the transaction were not disclosed. The transaction is expected to close by year-end,… Read More >>