SANTA
FE, N.M., May 5, 2023 /PRNewswire/ -- Thornburg
Investment Management ("Thornburg"), a global investment firm that
oversees $42 billion in
assets1, today announced that Jason Brady intends to step down later this year
from his role as president & CEO and portfolio manager, as well
as from the Board of Directors of Thornburg, and depart the firm.
Mr. Brady will continue in his role to allow for a smooth
transition while Thornburg's Board of Directors undertakes a search
for his successor.
"Since joining Thornburg in 2006, I am proud of what we have
achieved, particularly the strength of the team we have developed,
and I'm grateful for the opportunity to serve as the firm's
president and CEO for nearly eight years," said Mr. Brady. "This is
the appropriate time for a new leader to step in and I remain fully
involved and engaged while the Board searches for a successor."
"I thank Jason for delivering strong results across our business
and notably assembling an experienced group of world-class leaders
at the organization," said Chairman Garrett
Thornburg. "Our 41-year foundation leaves us well positioned
to make the next phase of our growth the most exciting in our
company's history."
About Thornburg
Thornburg is a global investment firm delivering on strategy for
institutions, financial professionals and investors worldwide. The
privately held firm, founded in 1982, is an active, high-conviction
manager of fixed income, equities, multi-asset solutions and
sustainable investments. With $42
billion in client assets1 as of April 30, 2023, the firm offers mutual funds,
closed-end funds, institutional accounts, separate accounts for
high-net-worth investors and UCITS funds for non-U.S.
investors.
As an independent firm, Thornburg can take on a wide range of
opportunities, explore ideas thoroughly and work across strategies
to deliver consistent risk-adjusted outperformance over the long
term. The firm attracts free-thinking professionals who are eager
to pursue investment outcomes beyond the confines of popular
wisdom. From nimble operational capabilities to principles and
actions fitting of a global citizen, Thornburg's world-class
investment platform and team are aligned on strategy to serve
investors.
Thornburg's U.S. headquarters is in Santa Fe, New Mexico with offices in
Hong Kong and Shanghai. For more information, visit
www.thornburg.com or call (877) 215-1330.
Media Inquiries
Michael
Corrao
Director of Global Communications
Thornburg Investment Management
Tel: +1 (505) 467-5345
Email: mcorrao@thornburg.com
1 Includes $41 billion
in assets under management and $1
billion in assets under advisement as of April 30, 2023.
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SOURCE Thornburg Investment Management