01 Feb 2021

Industry Heavyweight Joins LGIM America as Head of Defined Contribution

Chicago, IL (February 1, 2021) - LGIM America (LGIMA), a registered investment advisor specializing in designing and managing investment solutions across active fixed income, index, multi-asset and liability driven investment for the US market, announced that Robert Capone has joined as head of defined contribution (DC). Rob will help expand the US Defined Contribution business and grow the firm’s footprint and capabilities within the industry. In addition, he will drive the DC strategic planning efforts, with a focus on both market-based and outcome-oriented solutions, reporting directly to Aaron Meder, CEO, LGIM America.

Rob brings with him 30 years of financial and defined contribution experience. Most recently, Rob was the head of distribution at Great-West Investments™, where he led a team of professionals in facilitating new business growth and service delivery to multiple business segments. Prior to Great-West Investments, Rob was a managing director and head of defined contribution and sub advisory for AQR Capital Management, where he built and led the firm’s entry and effort into the DC business and oversaw its existing sub advisory distribution and relationship management business. Rob also served as an executive vice president – head of retirement for BNY Mellon Investment Management and a managing director of participant services at Putnam Investments. He began his career at Fidelity Investments.

“'We are thrilled to welcome Rob to our leadership team. Under Rob’s guidance, we will enhance and grow our DC capabilities,” said Aaron Meder. “His extensive and practical experience in the defined contribution industry will position LGIM America even more competitively in the industry and better serve our DC clients.”

For more information, please visit http://www.lgima.com/.

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About LGIM America
LGIM America (LGIMA) was founded in 2006 with the purpose of helping people achieve their long-term financial goals. We offer a range of strategies to help our institutional clients (corporations, healthcare agencies, non-profit, education, public plans and Taft-Hartley) manage their investment objectives, which can range from market-based alpha-oriented strategies to those that are designed to be more liability-centric, derivative overlays, or indexed solutions. Encouraging a diverse and inclusive environment coupled with a solutions-focused culture allows us to increase our breadth of knowledge and the likelihood of improved client outcomes and stronger financial performance. We have teams of experienced, innovative professionals committed to helping plan sponsors meet their pension promises, managing investment exposures efficiently to seek enhanced returns while mitigating risks, and working to generate returns while making a positive societal difference. As of December 31, 2020, LGIMA had $241 billion assets under management.