Principal Global Investors Hires Madelyn Antoncic as Executive Director Institutional Investment Solutions
October 05 2015 - 12:58PM
Business Wire
Principal Global Investors today announced the appointment of
Madelyn Antoncic as Executive Director, Institutional Investment
Solutions. Antoncic will be a member of the Operating Committee and
will report to Jim McCaughan, Chief Executive Officer for Principal
Global Investors. She will be based in New York.
Antoncic will be responsible for strengthening Principal Global
Investors’ relationships with sovereign wealth funds, government
pension funds, central banks, insurance companies, and endowments
around the world. She will also serve as a key conduit for
developing asset solutions for the investment challenges of
sovereign clients.
“We are pleased to welcome Madelyn to the team,” said McCaughan.
“Her experience will be instrumental in helping us deliver the
breadth of solutions our multi-boutique platform offers to
institutional clients around the world.”
Antoncic has over 25 years of economic and financial experience
and comes to Principal Global Investors from the World Bank where
until stepping down in July she was Vice President and Treasurer
overseeing $140 billion in assets under management including assets
of official sector institutions, comprising central banks, pension
funds, sovereign wealth funds and other international financial
institutions, as well as of the World Banks Group’s $22 billion
pensions. She also oversaw the World Bank’s $135 billion
derivatives portfolio; its funding program; its capital
management; and several businesses including engaging with
client countries on central bank reserves management, debt
management strategies, banking and risk management solutions.
This experience provides a deep background in sovereign
institutions financial issues. Antoncic began her career at The
Federal Reserve Bank of New York and was with Goldman Sachs &
Co., Barclays Capital, and Lehman Brothers. Antoncic holds a Ph.D.
in Economics with a minor in Finance from New York University’s
Stern School.
About Principal Global Investors
Principal Global Investors is a diversified asset management
organization and a member of the Principal Financial Group®, with
expertise in equities, fixed income and real estate investments, as
well as specialized overlay and advisory services. Principal Global
Investors manages $346.2 billion in assets1 primarily for
retirement plans and other institutional clients2.
1 As of June 30, 2015.
2 Principal Global Investors is the asset management arm of the
Principal Financial Group® (The Principal®) and includes the asset
management operations of the following subsidiaries of The
Principal: Principal Global Investors, LLC; Principal Real Estate
Investors, LLC; Principal Enterprise Capital, LLC; Liongate Capital
Management LLP; Spectrum Asset Management, Inc.; Post Advisory
Group, LLC; Columbus Circle Investors; Edge Asset Management, Inc.;
Morley Financial Services Inc.; Finisterre Capital, LLP; Origin
Asset Management, LLP; Principal Global Investors (Europe) Limited;
Principal Global Investors (Singapore) Ltd.; Principal Global
Investors (Australia) Ltd.; Principal Global Investors (Japan)
Ltd.; Principal Global Investors (Hong Kong) Ltd.; CIMB-Principal
Islamic Asset Management Sdn. Bhd.; and the majority owned
affiliates of Principal International, Inc. Assets under management
includes assets managed by investment professionals of Principal
Global Investors under dual employee arrangements with other
subsidiaries of The Principal and assets managed in accordance with
investment advice provided by Principal Global Investors through
the delivery of a model.
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version on businesswire.com: http://www.businesswire.com/news/home/20151005006418/en/
Principal Financial GroupCait Suttie,
515-362-2431Suttie.Cait@principal.comorAdam Lackey,
515-362-0482Lackey.Adam@principal.com
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