Aegon USA/Transamerica of Los Angeles has formed a new investment management company, principally to give equity interest in the new company to the portfolio managers and other key executives formerly with Transamerica Investment Services, said Richard Latzer, chief executive officer of the new investment adviser, Transamerica Investment Management.

Portfolio managers, analysts and other leading executives now with the investment management company will own 20 percent of the profits in the investment company and Aegon, which purchased Transamerica in 1999 (MFMN 3/1/99), will own 80 percent.

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