NEW YORK, Dec. 05, 2017 - Jennison Associates announced today that Loraine “Lori” McEvoy will join the firm as their global head of distribution, effective Dec. 15, 2017. The new role, which combines oversight of all of Jennison’s client-facing sales and servicing activity, will include responsibility for institutional, subadvisory, and retail distribution; consultant relations; and client service. McEvoy will report to Jeffrey T. Becker, Jennison’s chairman and chief executive officer.
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“We are delighted to welcome Lori to Jennison,” said Becker. “Her distinct professional attributes complement our strong existing team. We look forward to her innovation and direction in deepening our relationships with clients and distribution partners, expanding our global reach into new markets and client segments, and enhancing our client service excellence.”
McEvoy, who has 31 years of investment industry experience, was most recently head of institutional sales at ClearBridge Investments. In this role she was responsible for the direction and management of institutional sales, consultant relations, and subadvisory relationships. She also was a member of the leadership team that managed the distribution and sales organization. Before joining ClearBridge, she was head of institutional sales and service, and director of consultant relations at Fred Alger Management. Prior to her time at Alger, she was director of consultant relations at WisdomTree Investments.
McEvoy, who will work at Jennison’s New York headquarters, earned a Bachelor of Science degree from Rosemont College. She also has FINRA Series 26, 7, 6, and 63 licenses.
About Jennison Associates, LLC
Founded in 1969, Jennison Associates offers a range of equity and fixed income investment strategies across distribution channels. Its equity expertise spans styles, geographies, and market capitalizations. Its fixed income capability includes investment-grade active and structured strategies of various durations. Original fundamental research, specialized investment teams, strong client focus and highly experienced investment professionals are among the firm’s competitive distinctions. As of September 30, 2017, Jennison managed $171 billion in client assets. For more information, please visit jennison.com.
Jennison is an affiliate manager of PGIM, the global asset management business of Prudential Financial, Inc. (NYSE: PRU).