LOS ANGELES --(BUSINESS WIRE)-- The TCW Group , a global asset management firm, today announced that David DeVito has been named President and Chief Executive Officer of the TCW branded mutual funds and the TCW Strategic Income Fund (TSI). DeVito, a 20 year veteran of TCW, currently serves as the Chief Operating Officer (COO) for the global firm and has been an officer of the TCW Mutual Funds for the past 12 years. He has also served as a Director for TSI. DeVito will continue in his role as global firm COO in addition to his responsibility of leading the TCW mutual funds and TSI. “Through his many years with the firm, David has developed a deep understanding of our TCW mutual funds and maintains strong relationships with the various fund managers,” said David Lippman , Chief Executive Officer of TCW. “David is a tremendous asset to TCW, and I have every confidence that his experience and knowledge of the funds will lead to continued growth and success.” About the TCW Group Founded in 1971, The TCW Group, Inc. develops and manages a broad range of innovative, value-added investment products that strive to enhance and protect clients’ wealth, with over $130 billion in assets under management. TCW clients include many of the largest corporate and public pension plans, financial institutions, endowments and foundations in the U.S., as well as a substantial number of foreign investors and high net worth individuals. For more information, please visit www.tcw.com . The TCW Group, Inc. Doug Morris Head of Corporate Marketing and Communications +1-213-244-0509 email@example.com Source: The TCW Group, Inc.
Most Popular Stories
- Obama Administration Releases Proposal to Regulate For-Profit Colleges
- Motley Crue's Nikki Sixx Marries Model Courtney Bingham
- Chinese e-Commerce Giant Alibaba Gears for IPO in U.S.
- Some California Cities Seeking Water Independence
- Apple, HP, Intel May Take a Hit from Slowdown in Smartphone Sales Growth
- FDIC Files Lawsuit on Behalf of Banks Allegedly Hurt by Libor Scandal
- SoCalGas Reaches Record Spend on Diversity Suppliers
- Will Missing Malaysian Jet Prompt Aviation System Change?
- Keurig Adds Peet's coffee, Alters Starbucks deal
- Natural Gas Discovery Could Lead to Cleaner Fuels