EXECS REVIEWING OPTIONS: BARRA might put RogersCasey unit on the auction block.(BARRA RogersCasey)(Brief Article)(Statistical Data Included)

Pensions & Investments, August, 2001 by Chernoff, Joel

DARIEN, Conn. - Venerated consulting firm BARRA RogersCasey might be headed for the sales block. Officials at parent company BARRA Inc. said they are reviewing options for the BARRA RogersCasey business, including a possible sale of the 25-year-old investment consulting firm. Greg Stockett, chief financial officer of Oakland, Calif.-based BARRA, said the risk-management software firm has hired CIBC World Markets, New York, to evaluate choices from keeping the RogersCasey unit to selling it.

CIBC's recommendations are due in October. But a sale is a strong contender: BARRA has been refocusing efforts on its traditional risk-management software business for the past two years. Robin Pellish, senior managing director of BARRA RogersCasey, Darien, said there...

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