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Article: NEW FACE IN TOWN: PBGC appointment a surprise in Washington pension circles; Kandarian an unknown but well-versed in investing.(Brief Article)
- Article from:
- Pensions & Investments
- Article date:
- December 10, 2001
- Author:
CopyrightCOPYRIGHT 2001 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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WASHINGTON - Steven A. Kandarian, unknown in this city's tightly knit pension community, has been named executive director of the Pension Benefit Guaranty Corp.
His appointment came as a complete surprise to Washington representatives of pension plan sponsors, labor organizations and lobbyists, none of whom had heard of him until now.
Mr. Kandarian does, however, have extensive experience in investments, especially in private equity, and founded Orion Partners, a Wellesley, Mass., partnership investing in private equity and venture capital. Before founding Orion, Mr. Kandarian was a managing director of Lee Capital Holdings, a private equity firm in ...