Tuesday, July 28, 2015
Financial
AIG Names Dachille To Manage $350B, Will Acquire His Firm
--American International Group Inc. Chief Executive Officer Peter Hancock hired former colleague Doug Dachille to oversee the insurer's investment portfolio of more than $350 billion, and agreed to buy his firm. The insurer will acquire Dachille's First Principles Capital Management, which oversees about $10 billion. AIG adds the operation after it sold...
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