Looking forward to growth: 888 Boylston St. to be first Back Bay
office tower constructed in over a decade; a symbol of sustained growth
and future expansion
Natixis Global Asset Management, one of the largest asset managers in
the world, announced today it will relocate its United States corporate
headquarters to 888 Boylston Street in Boston, 1 as the
anchor tenant in a new office building being developed by Boston
Properties adjacent to the Prudential Center in Boston’s Back Bay
neighborhood. Expecting to build upon its sustained pattern of growth,
Natixis will occupy approximately 128,000 square feet in five stories
with the option to expand onto a sixth floor. Construction of Natixis’
space is scheduled for completion in fall 2017.
"We are thrilled to be a part of this exciting project for the City of
Boston and the region’s economy," said John Hailer, President and CEO of
Natixis Global Asset Management, Asia and the Americas. "Boston has
always provided an excellent home for Natixis, and we feel fortunate to
be able to grow and further expand in this great city."
The 17-story, 425,000-square-foot 888 Boylston Street is designed to be
Boston’s most sustainable office building, using 45 percent less energy
and 37 percent less potable water than an average office building.
Customers at 888 Boylston can leave the lights off 60 percent of the
time, as the building features daylight penetration to 95 percent of the
floor area. Designed to achieve LEED Platinum certification from the
U.S. Green Building Council, additional sustainable features include a
chilled beam HVAC system, on-site rooftop wind power generation that
will power all exterior building and plaza lighting, and a rain
harvesting and reuse system.
“The Prudential Center has helped define the skyline of Boston for more
than half a century, and 888 Boylston Street represents a new definition
in sustainable building design,” said Bryan Koop, Boston Properties
Senior Vice President and Regional Manager. “Natixis Global Asset
Management has been an important corporate presence in the Back Bay for
many years, and we are honored to have them as the lead customer at this
With more than 3,400 employees worldwide, 1,400 of whom are located in
Boston, Natixis has expanded significantly over the last 15 years,
having successfully acquired more than 15 new investment management
firms. As a testament to its strategic growth, Natixis was recognized as
the #1 U.S. mutual fund familyby Barron’s this year.
Consistently voted one of Boston’s best places to work by the Boston
Globe and voted a “Top Charitable Contributor” by the Boston
Business Journal in 2013, Natixis employees receive paid time off
for volunteering and participate in an employee match program in which
employees donated nearly $400,000 to various charities in 2013.
Natixis continues to expand its presence in Boston, adding more than 200
jobs in the past five years and more than 500 over the past decade. 888
Boylston will provide the space Natixis needs to conduct business,
welcome growth both locally and internationally, and continue to be one
of the best and most innovative places to work in Boston.
John Barry and Michael Joyce of Transwestern | RBJ represented Natixis
in this transaction.
About Natixis Global Asset Management, S.A.
Asset Management, S.A. is one of the largest asset managers in the world
based on assets under management.1 Its affiliated asset
management companies provide investment products that seek to enhance
and protect the wealth and retirement assets of both institutional and
individual investor clients. Its proprietary distribution network helps
package and deliver its affiliates’ products around the world.
Recognized as the #1 U.S. mutual fund family for 2013 performance in the
annual Barron’s/Lipper Fund Family Ranking,2Natixis
Global Asset Management, S.A. brings together the expertise of multiple
specialized investment managers based in Europe, the United States and
Asia to offer a wide spectrum of equity, fixed-income and alternative
Headquartered in Paris and Boston, Natixis Global Asset Management,
S.A.’s assets under management totaled $899.9 billion (€652.9 billion)
as of March 31, 2014.3Natixis Global Asset Management, S.A.
is part of Natixis. Listed on the Paris Stock Exchange, Natixis is a
subsidiary of BPCE, the second-largest banking group in France. Natixis
Global Asset Management, S.A.’s affiliated investment management firms
and distribution and service groups include Absolute Asia Asset
Management; AEW Capital Management; AEW Europe; AlphaSimplex Group;
Aurora Investment Management; Capital Growth Management; Darius Capital
Partners; Gateway Investment Advisers; H2O Asset Management; Hansberger
Global Investors; Harris Associates; IDFC Asset Management Company;
Loomis, Sayles & Company; McDonnell Investment Management; Mirova Asset
Management; Natixis Asset Management; Ossiam; Natixis Environnement &
Infrastructure Luxembourg; Reich & Tang Asset Management; Snyder Capital
Management; Vaughan Nelson Investment Management; Vega Investment
Managers; and Natixis Global Asset Management Private Equity, which
includes Seventure Partners, Naxicap Partners, Alliance Entreprendre,
Euro Private Equity, Caspian Private Equity and Eagle Asia Partners.
Visit ngam.natixis.com for more information.
1 Cerulli Quantitative Update: Global Markets 2014
ranked Natixis Global Asset Management, S.A. as the 16th largest asset
manager in the world based on assets under management as of December 31,
2 Barron's/Lipper 2013 one-year fund family ranking
based on 64 qualifying U.S. fund companies. Each fund family must have
at least three funds in Lipper's general U.S.-stock category, one world
(global and international), one mixed-asset/balanced (stocks and bonds),
two taxable bond and one tax-exempt bond fund. Natixis was not ranked
for the 5- and 10- year periods. Past performance is no guarantee of
3 Assets under management (AUM) may include assets
for which non-regulatory AUM services are provided. Non-regulatory AUM
includes assets which do not fall within the SEC’s definition of
‘regulatory AUM’ in Form ADV, Part 1.
Natixis Global Asset Management
David Snowden, 617-449-2507
Laura Sesody, 617-236-3305
Source: Natixis Global Asset Management