The Guardian Life Insurance Company of America has strengthened its investment operation by creating two new management positions. Doug Dupont joins as the Senior Managing Director of Asset Allocation and Fixed Income Portfolio Management and Doug Niemann joins the company as the Senior Managing Director of Asset Liability and Equity Portfolio Management.
Both will report to Thomas Sorell, Executive Vice President and Chief Investment Officer, and they will be responsible for the firm’s investment policy and strategies for more than $65 billion in assets including investments in both public and private equity, fixed income, and commercial real estate. “We are thrilled to welcome Doug Dupont and Doug Niemann to Guardian’s investment management team,” said Mr. Sorell. “Their unique combination of experiences in asset management and investment strategy will strengthen our operations and they will continue to apply a prudent investment philosophy that keeps our clients’ best interests in mind.”
Doug Dupont most recently served as Managing Director and Head of Portfolio Management at Allstate Investments where he was responsible for investment strategies to support products, communicating investment results and maintaining relationships with risk, finance and business groups to provide economic projections. As the Senior Managing Director of Asset Allocation and Fixed Income Portfolio Management at Guardian, Mr. Dupont will have oversight of asset allocation, public fixed income, convertibles securities, private placements, credit research, and quantitative risk management. He received his Bachelor of Science in Actuarial Science and Mathematics from the University of Wisconsin.
Doug Niemann most recently served as Managing Director, Chief Investment Strategist, Global Insurance Solutions at JPMorgan Asset Management, where he developed investment products and vehicles to improve balance sheet management, enhance operating income and reduce portfolio risk profiles. Prior to joining JPMorgan he was the Managing Director and Head of Asset Liability Management at AIG Asset Management. Prior to AIG, Mr. Niemann was Head of Asset Liability Risk for Zurich Financial Services in Switzerland. As the Senior Managing Director, Asset Liability and Equity Portfolio Management at Guardian, Mr. Niemann will have oversight of investments asset liability management, derivatives risk management, equity portfolio management, investment technology, and compliance. He received his Master in Business Administration in Risk, Insurance and Investments from the University of Wisconsin and a Bachelor of Arts in Economics from Northwestern University.
The Guardian Life Insurance Company of America serves individuals, business owners and their employees with life, disability income and dental insurance products, and offer funding vehicles for 401(k) plans, annuities and other financial products. The company has approximately 5,000 employees in the United States and a network of over 3,200 financial representatives in more than 80 agencies nationwide. Guardian Life was founded in 1860 and is headquartered in New York (www.GuardianLife.com).
2014 PEPD • Private Equity’s Leading News Magazine • 12-11-14