PineBridge Investments, the global multi-asset class investment manager, announced the appointment of Gregory A. Ehretas Chief Executive Officer, effective January 25, 2016. Mr. Ehret joins PineBridge from State Street Global Advisors, the investment management arm of State Street Corporation, where he served as President and a member of the Executive Management Group.
PineBridge Chairman John L. Thornton said, «Greg is an industry veteran with an impressive track record of growing a global business across both developed and emerging markets. His leadership and operational expertise will position PineBridge to continue providing our clients with an integrated global perspective and a unique investment offering.»
«I have watched PineBridge develop its award-winning multi-asset platform and I am honored to lead such a distinguished team,» said Mr. Ehret. «With its strong footprint in key markets across the globe, I am excited to engage with PineBridge’s investment groups as they structure and deliver leading products to the firm’s clients.»
Stephen Fitzgerald, Interim CEO, will continue to serve as Deputy Chairman, a role he has held since 2013. Mr. Thornton added, «I would also like to thank Stephen for his dedicated leadership over the past few months, and we are pleased to continue benefiting from his international investment expertise on the Board.»
At State Street, Mr. Ehret was most recently responsible for global client outreach, product development, marketing, operations and technology, and was a member of the board of several operating entities and fund companies. During a 20-year tenure at State Street, Mr. Ehret held numerous management roles in the United Statesand Europe. Mr. Ehret has a BA in Economics from Bates College and an MBA from Boston University.
PineBridge is a global asset manager with experience in emerging and developed markets, and investment capabilities in multi-asset, equities, fixed income and alternatives. The firm is differentiated by the integration of on-the-ground investment teams, bringing investors the combined benefits of global fundamental perspectives and analytical insights. PineBridge manages over US $77.6 billion in AUM worldwide as of September 30, 2015.