LGIMA Announces Series of Senior Hires

Legal & General Investment Management America, Inc. (LGIMA) announced that it has hired four executives to support its expanding liability-driven investing (LDI) business.
Reported by PLANADVISER staff

Matthew Cohen, Shawn Fan, Ciaran Carr, and Jeff Eberhardt are joining the Chicago-based registered investment adviser’s LDI business. LGIMA specializes in fixed-income strategies with an emphasis on LDI and de-risking solutions. 

“Our LDI business in the U.S. continues to grow, both in number of clients and in range of solutions offered,” says Jodan Ledford, head of U.S. solutions for LGIMA. “To support this demand from our expanding roster of defined benefit pension plan clients, we are committed to recruiting the most talented executives in the industry.”

Cohen joins as an LDI portfolio manager and is responsible for the day-to-day management and risk oversight of the firm’s LDI portfolios. Previously, Cohen was with Barclays Capital, serving as an associate vice president on the fixed-income interest rate options trading desk.

Fan will fulfill the position of senior quantitative analyst, working closely with the portfolio management team to deliver proprietary risk management tools for use in LDI portfolios. Before accepting the new position he was a director at the Chicago Mercantile Exchange (CME) Group and led a team that developed and enhanced quantitative analytics and architecture design for margin production systems.

Carr will be joining LGIMA as a solutions strategist in February 2015. His responsibilities include developing and structuring pension risk management solutions. He is currently with LGIMA’s London-based affiliate, Legal & General Investment Management (LGIM).

Eberhardt will serve as senior client relationship manager, with a focus on customized mandates. He was previously a vice president at Ansley Capital Group, a healthcare-focused boutique investment bank. Eberhardt also worked at Deutsche Bank and Wachovia Securities earlier in his career. He has an extensive background in originating, structuring, and trading credit derivatives, LGIMA says.

Cohen, Fan, and Carr will report directly to Ledford, and Eberhardt will report to Nancy Johnson, head of client relationships for LGIMA. “Each brings with them the experience to help continue to drive this business forward and fortify our position as a leading provider of LDI solutions for the U.S. market,” Ledford says.

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