New Office

California's TCW Group Spreads Wings In Hong Kong, Paris

Tom Burroughes Group Editor June 11, 2013

California's TCW Group Spreads Wings In Hong Kong, Paris

The TCW Group, the California-headquartered asset management
firm, is boosting its distribution in Asia and Europe with the launch of new offices in
Hong Kong and Paris.

The new offices come after TCW’s management, and Carlyle Group, the private equity titan, bought the business from Societe Generale in early
February this year.

“Expanding our international distribution platform is a
significant priority for TCW, and we have a long-term commitment to serve
investors across Asia and Europe,” said David
Lippman, TCW president and chief executive.

The Paris
office is overseen by Heinrich Riehl, a TCW managing director and head of TCW
Europe. In Hong Kong, the office is led by
Stacy Hsu, a TCW managing director and head of TCW Asia.

TCW has established a UCITS funds platform in Luxembourg to build a fund franchise designed to
replicate the most successful funds in the TCW and MetWest US fund complexes,
which have $53.8 billion in assets.

The firm has also forged several international distribution
partnerships, including sub-advisory relationships with Amundi and Pictet in
Europe; and a partnership in the Middle East
with NCB to offer Shariah-compliant funds.

Founded in 1971, The TCW Group now oversees a total of $130.7
billion in assets under management (as of 31 March). Clients include
institutions and high net worth individuals.

 

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