Klukwan expands. (Klukwan Inc. buys Rainier Investment Management)

Alaska Business Monthly | June 1, 1991 | Copyright

Klukwan Expands. Participating in a team of investors, the Juneau-based Native village corporation Klukwan Inc. purchased Rainier Investment Management, a subsidiary of Seattle-based Security Pacific Bancorporation Northwest. The spring 1991 acquisition by Klukwan, in partnership with RIM's management group, gives Rainier Investment Management the status of a minority-owned business, which makes the firm eligible to manage certain federally mandated investment funds.

Federal regulations require a portion of public retirement funds - from Alaska teachers, government ...

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