GE Asset Management is signaling a new focus on sub-advisory relationships with a new hire. Dawn Tutje, formerly head of the third- party intermediary new business team at U.S. Trust, has been hired by GEAM as senior vice president, director of sub-advisory sales. Tutje will report to Joe Connors, senior vice president – VA and sub-advisory
distribution.
Company Press Release
Stamford, CT – April 24, 2008 – GE Asset Management Incorporated (GEAM) today
announced that Dawn R. Tutje has been appointed Senior Vice President, Director of Sub-
Advisory Sales, and will lead GEAM’s efforts to grow and enhance its sub-advisory
relationships across asset classes. She joins GEAM from U.S. Trust, where she led its third-
party intermediary new business team and significantly grew the firm’s sub-advisory and
DCIO asset and client base during her tenure. She has also held sub-advisory and
retirement-related roles with UBS Global Asset Management, Zurich Scudder, and worked in
institutional sales at Bank of New York / Irving Trust. Tutje brings over 25 years of industry
experience to GEAM. She received her BA from the University of Texas.
Tutje reports to Joe Connors, Senior Vice President – VA and Sub-Advisory
Distribution. “Dawn represents leading talent in sub-advisory sales and brings extensive
experience and knowledge to GEAM, positioning us for growth in a channel that is of critical
importance to our business,” said Connors. “We are focused on building strong, long-lasting
sub-advisory relationships in the marketplace and she will be essential to our ability to
develop them.”
“We recognize the importance of a focused resource to our efforts in this area,”
added Mike Cosgrove, President and CEO – Mutual Funds for GEAM. “Our institutional
investment experience translates perfectly to this channel and we’ve chosen a talented
individual to spearhead our strategy to reach the market.”
GE Asset Management
GEAM is a global asset manager wholly owned by General Electric Company, a
diversified technology, media and financial services company. Built on an 80-year heritage
of investment experience, GEAM today manages approximately $182 billion (as of March 31,
2008) in total assets. Portfolios managed by GEAM and its subsidiaries include $85 billion in
client assets for leading institutions and individual investors around the world, and the $57
billion GE U.S. Pension Trust, an overfunded plan to which the company has not made a
contribution since 1987. Investment strategies are offered across all major asset classes,
including U.S. and international equities, fixed income, and alternative assets.
GE Investment Distributors, Inc., Member FINRA & SIPC, is a wholly owned subsidiary of
GEAM.
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For further information, contact:
Chris Linehan, GE Asset Management Incorporated
(203) 708-3193
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