MutualFundWire.com
   The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
Tuesday, October 12, 1999 DLB to Include MassMutual Subsidiaries David L. Babson, the $20 billion dollar subsidiary of Massachusetts Mutual Life Insurance Co. (MassMutual) has been rearranged to include both the Investment Management Division of MassMutual and its subsidiary Charter Oak Capital Management, Inc. The new company will have assets under management of approximately $70 million.
Robert O'Connell will be the new chairman of DLB and Stuart Reese will be president and chief executive officer. James MacAllen, former president, and Edward Martin, former director of fixed income, have left the company to pursue other interests. Tarantino said that other than MacAllen and Martin, the present management will remain in place for he time being. Printed from: MFWire.com/story.asp?s=25123 Copyright 1999, InvestmentWires, Inc. All Rights Reserved |