- Former CEO of Legal & General Investment Management to
Lead Thornburg
SANTA
FE, N.M., Sept. 29, 2023 /PRNewswire/ -- Thornburg
Investment Management, Inc. ("Thornburg"), a global investment firm
that oversees $42 billion in client
assets1, today announced that its Board of Directors has
appointed Mark Zinkula as its new
President & Chief Executive Officer effective immediately,
following an extensive global search process. Mr. Zinkula will also
join the Board of Directors.
Mr. Zinkula was formerly the Chief Executive Officer of Legal
& General Investment Management, a global investment manager
with $1.4 trillion in assets under
management. From 2011 to 2019, he led the firm through significant
growth, tripling assets and expanding across the U.S., Europe and Asia. Mr. Zinkula is also a former board
member of the parent company, Legal & General, a member of the
FTSE 100.
Thornburg Chairman Garrett
Thornburg said: "We are delighted to welcome Mark as our new
President & Chief Executive Officer. Mark has strong strategic
capabilities and exceptional leadership qualities. He has a deep
understanding of investment management and an excellent record of
driving organic business growth across client channels and asset
classes. I look forward to continued success and realizing
Thornburg's full potential as a leading investment firm that seeks
to deliver long-term growth for its clients and value for all our
stakeholders."
Mark Zinkula said: "I am excited
to lead Thornburg. It is a business with a rich heritage and an
impressive investment platform. Thornburg's innovative products and
talented team have a well-earned reputation for delivering
consistent investment results for clients over the long term.
Together with Thornburg employees, the leadership team, and the
Board of Directors, we will continue to focus on providing
investment outcomes for clients and expanding portfolio solutions
to meet investor needs and objectives."
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 manager of
equities, fixed income, and multi-asset solutions. With
$42 billion in client
assets1 as of August 31,
2023, the firm offers mutual funds, closed-end funds,
institutional accounts, separate accounts 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 $40.8
billion in assets under management and $1.1 billion in assets under advisement as of
August 31, 2023.
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SOURCE Thornburg Investment Management