AIG investment officer News

American International Group Inc. plans to exit at least half the hedge funds in which the insurer is invested, according to people familiar with the company’s portfolio. The insurer has holdings in more than 100 funds and plans to cut …

American International Group (AIG) has named a new investment officer and is buying the new executive’s firm. Douglas A. Dachille, chief executive officer of New York City-based First Principles Capital Management, LLC, will become executive vice president and chief investment …