NEW FACE IN TOWN: PBGC appointment a surprise in Washington pension circles; Kandarian an unknown but well-versed in investing.(Brief Article)

Pensions & Investments, December, 2001 by Anand, Vineeta

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 Boston. He had been tapped as commissioner of the state Department of Revenue by Massachusetts Gov. Jane M....

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