BrightSphere Investment Group plc Announces Board Changes
August 21, 2018 at 04:48 pm EDT
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On August 15, 2018, the Board of Directors of BrightSphere Investment Group plc received notice from HNA Capital (U.S.) Holding LLC that HNA Capital has exercised its right, as successor by assignment to the rights of Old Mutual plc under Section 2.1 of the Shareholders Agreement, dated as of October 8, 2014, among OM plc, OM Group (UK) Limited and the company (then known as OM Asset Management plc) to appoint Enrico Marini Fichera to the Board. Mr. Marini Fichera will replace Suren S. Rana, a previous appointee of HNA Capital, effective as of August 15, 2018. Mr. Marini Fichera has served as the Head of Investments for HNA Group North America LLC since October 2014. In connection with his appointment to the Board of Directors, Mr. Marini Fichera was appointed as a member of the Audit Committee of the Board of Directors, effective as of August 15, 2018.
Brightsphere Investment Group Inc. is a diversified asset management company. The Company provides investment management services globally, predominantly to institutional investors. The Company operates through its subsidiary, Acadian Asset Management LLC (Acadian). Acadian is a systematic investment manager of active global, international equity and alternative strategies. The Company operates through one segment: the Quant and Solutions segment. The Quant and Solutions segment is comprised of leverage data and technology in a computational, factor-based investment process across a range of asset classes in developed and emerging markets, including global, non- United States and small-cap equities, as well as managed volatility, systematic macro, equity alternatives, and credit strategies. Through Acadian, the Company offers a diverse range of actively managed investment strategies and products to institutional investors around the globe.