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Putnam Investments is an investment management firm founded in 1937 by George Putnam, who established one of the first balanced mutual funds, The George Putnam Fund of Boston.
The 2003 mutual fund scandal was the result of the discovery of illegal late trading and market timing practices on the part of certain hedge fund and mutual fund companies.
PanAgora was directly owned by Putnam Investments which was owned by Great-West Lifeco and ultimately owned by Power Financial. [5] On May 31, 2023, Great-West Lifeco announced that Franklin Templeton Investments would acquire Putnam Investments for $925 million.
Doug Putman. Retailer in Canada, the United States, the United Kingdom, Ireland and Belgium. Douglas Robert Putman (born 25 March 1984) is a billionaire Canadian businessman, predominately trading in the retail sector across North America and Europe. Through his firm, Putman Investments, he owns numerous retail chains involving music ...
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TH Lee Putnam Ventures is a technology-focused private equity firm affiliated with THL and Putnam Investments, a leading global money management firm. TH Lee Putnam Ventures manages $1.1 billion in capital commitments and has invested approximately $850 million in more than 43 companies since the firm's formation in 1999.
After receiving his MBA from the University of Chicago, Larson went to work for ARCO doing mergers and acquisitions. After a few years, Larson moved to Boston to work for Putnam Investments managing bond funds. After two years, Larson left Putnam to run his own fund. [1]
On May 31 2023, Great-West Lifeco announced that Franklin Templeton Investments would acquire Putnam Investments for $925 million. Putnam Investments subsidiary, PanAgora Asset Management would not be included in the acquisition.