Thornburg

Thornburg Investment Management Announces Mark Zinkula as Chief Executive Officer

Retrieved on: 
Friday, September 29, 2023
Thornburg, Generation Investment Management, Growth, Thornburg Investment Management, Inc., FTSE, Legal & General, Management

SANTA FE, N.M., Sept. 29, 2023 /PRNewswire/ -- Thornburg Investment Management, Inc. ("Thornburg"), a global investment firm that oversees $42 billion in client assets1, today announced that its Board of Directors has appointed Mark Zinkula as its new President & Chief Executive Officer effective immediately, following an extensive global search process.

Key Points: 
  • SANTA FE, N.M., Sept. 29, 2023 /PRNewswire/ -- Thornburg Investment Management, Inc. ("Thornburg"), a global investment firm that oversees $42 billion in client assets1, today announced that its Board of Directors has appointed Mark Zinkula as its new President & Chief Executive Officer effective immediately, following an extensive global search process.
  • Mr. Zinkula was formerly the Chief Executive Officer of Legal & General Investment Management, a global investment manager with $1.4 trillion in assets under management.
  • Thornburg Chairman Garrett Thornburg said: "We are delighted to welcome Mark as our new President & Chief Executive Officer.
  • He has a deep understanding of investment management and an excellent record of driving organic business growth across client channels and asset classes.

SJW Group Announces Appointment of Denise L. Kruger to Board of Directors

Retrieved on: 
Thursday, August 31, 2023
Energy, Natural Resources, Utilities, Other Natural Resources, American Ground, University, Drinking water, University of California, Irvine, Water quality, Water, University of California, Davis, SJW Group, SJW, Multimedia, American Water Works Association, Water supply, Golden, Business administration, Retirement, Thornburg, Environment, Master of Business Administration, Water resources, NYSE, Management, American States Water

SJW Group (NYSE: SJW) today announced the appointment of Denise L. Kruger to the SJW Group board of directors effective, Sept. 1.

Key Points: 
  • SJW Group (NYSE: SJW) today announced the appointment of Denise L. Kruger to the SJW Group board of directors effective, Sept. 1.
  • View the full release here: https://www.businesswire.com/news/home/20230830333724/en/
    Denise L. Kruger appointed to the SJW Group Board of Directors effective on September 1.
  • “Denise is a proven leader in the water utility industry and will bring considerable experience to our board,” said Eric W. Thornburg, chair, president and CEO of SJW Group.
  • Kruger shared her water industry expertise as a former consultant to the California Water Association advising small water systems on technical, financial and managerial matters.

New Project Aims to Set a Precedent for the Next Generation of Development Along El Cajon Blvd

Retrieved on: 
Wednesday, August 23, 2023
Yoga, Real estate investing, Fashion Valley Mall, Maintenance, BBQ, Housing, Investment, Urban Land Institute, George Taylor Field, Quality of life, 30th Street, Ridesharing, Urban Land, El Cajon Boulevard, Pacific Ocean, Yatala Pie Shop, Boulevard, San Diegan (train), Walking, QR, Malik (name), Parkline, Idaho, Car, Restaurant, SAN, Thornburg Investment Management, Inc., Thornburg, Walk Score, Air conditioning, Coffee, Weather, San Diego International Airport, Principal, Transport, Howard Avenue, Relaxation, River Road-Mead Avenue Historic District, San Diego State University, Road, Commercial property, Hotel, Titan

SAN DIEGO and SANTA FE, N.M., Aug. 23, 2023 /PRNewswire/ -- Titan Development ("Titan"), Malick Infill Development ("Malick"), and Thornburg Real Estate Ventures ("Thornburg") are pleased to announce the completion of The Parkline, an approximately 80,000 square-foot, Class-A multifamily building in San Diego, California. A grand opening celebration is scheduled for Saturday, August 26, from 9:00 am to 6:00 pm at 4250 Oregon Street. Guests will be invited to tour the building and take advantage of move-in specials, which can include one month of free rent or an e-bike (certain terms and conditions apply). Construction on The Parkline began in January 2022 and was completed on schedule.

Key Points: 
  • The Parkline, which partially fronts El Cajon Blvd, historic Highway 80, is located in one of the most walkable neighborhoods in San Diego.
  • This project represents our commitment to creating projects that elevate the quality of life for both our residents and the neighborhood."
  • He is a long-time champion for El Cajon Boulevard and in 2014 organized a bus tour with the Urban Land Institute to spark reinvestment along the road.
  • The project also features three commercially addressed loft spaces that front El Cajon Blvd.

Texas Water Company Closes on Acquisitions of KT Water Development and KT Water Resources

Retrieved on: 
Tuesday, August 15, 2023
Utilities, Energy, PUCT, Drinking water, Water, Texas Water Safari, SJW Group, SJW, San Francisco Public Utilities Commission, Water supply, Acquisition, Thornburg, Groundwater, Growth, Hodge, Public utilities commission, NYSE, Population growth, Public utility

The Texas Water Company, a subsidiary of SJW Group (NYSE: SJW), today announced that it has closed on the acquisitions of KT Water Development Ltd. and KT Water Resources L.P.

Key Points: 
  • The Texas Water Company, a subsidiary of SJW Group (NYSE: SJW), today announced that it has closed on the acquisitions of KT Water Development Ltd. and KT Water Resources L.P.
  • KT Water Resources L.P. is a wholesale groundwater resource supplier to KT Water Development Ltd.
  • “Our customers will begin seeing the benefits of our acquisition of KT Water Resources in the next two to three years,” stated Thomas Hodge, president of Texas Water Resources LLC, a nonregulated subsidiary of SJW Group in Texas that acquired the assets of KT Water Resources.
  • The Texas Water Company requested an applied rate doctrine treatment for this acquisition through the PUCT, which would allow the existing rates of The Texas Water Company to be applied to KT Water Development.

Thornburg Wins Three 2023 Refinitiv Lipper Fund Awards

Retrieved on: 
Friday, March 24, 2023
International, USI, Reward, Lipper, LTI, BWI, Philosophy, Thornburg Investment Management, Inc., Thornburg, ESG, Security (finance)

SANTA FE, N.M., March 24, 2023 /PRNewswire/ -- Thornburg Investment Management ("Thornburg"), a global investment firm that oversees $41 billion in assets1, today announced that Thornburg Limited Term Income Fund, Class I (ticker: THIIX), Thornburg Better World International Fund, Class I (ticker: TBWIX), and Thornburg Ultra Short Income Fund, Class I (ticker: TLDIX),  were named Refinitiv Lipper Fund Awards United States 2023 winners.

Key Points: 
  • SANTA FE, N.M., March 24, 2023 /PRNewswire/ -- Thornburg Investment Management ("Thornburg"), a global investment firm that oversees $41 billion in assets1, today announced that Thornburg Limited Term Income Fund, Class I (ticker: THIIX), Thornburg Better World International Fund, Class I (ticker: TBWIX), and Thornburg Ultra Short Income Fund, Class I (ticker: TLDIX),  were named Refinitiv Lipper Fund Awards United States 2023 winners.
  • Thornburg Limited Term Income Fund (LTI) was named best Short-Intermediate Investment Grade Debt Fund over the ten-year period out of 32 funds.
  • Thornburg Better World International Fund (BWI) was named best International Large-Cap Growth Fund over the three-year period out of 72 funds.
  • Thornburg Ultra Short Income Fund (USI) was named best Ultra-Short Obligations Fund over the three-year period out of 49 funds.

Bruce A. Hauk Named Chief Operating Officer of SJW Group

Retrieved on: 
Wednesday, December 28, 2022
Utilities, Energy, Business administration, Hauk, Indiana State University, American Water, National Black Chamber of Commerce, Water, Multimedia, Thornburg, National Utility Contractors Association, Acquisition, American Water Works, NYSE, UNC-Chapel Hill Master of Public Administration, SJW, Master of Business Administration, The Excellence in Diversity Awards, SJW Group, Indiana University–Purdue University Indianapolis, Commerce, Chemistry, Indiana Wesleyan University, Management, Science

SJW Group (NYSE: SJW) today announced that its board of directors has appointed Bruce A. Hauk as chief operating officer, effective January 1, 2023.

Key Points: 
  • SJW Group (NYSE: SJW) today announced that its board of directors has appointed Bruce A. Hauk as chief operating officer, effective January 1, 2023.
  • Hauk joined SJW Group in August 2022 as its chief corporate development and strategy officer.
  • View the full release here: https://www.businesswire.com/news/home/20221228005072/en/
    “Bruce has been a great addition to SJW Group and the executive leadership team.
  • Prior to joining SJW Group, Hauk was president of NextEra Water and served in many leadership roles at American Water, including deputy chief operating officer.

SJW Group Appoints James P. Lynch as Chief Accounting Officer, Andrew Walters as Chief Financial Officer; San Jose Water Appoints Peter Fletcher as Vice President - Information Security Officer

Retrieved on: 
Friday, January 28, 2022
Professional Services, Security, Utilities, Technology, Energy, Finance, Accounting, Treasury, Growth, Explosion, Public expenditure, Government, Risk, Fire, CEO, SJW Group, Statistics, Forward-looking statement, Water, Mathematics, JP, SEC, Pacific typhoon season, CFO, Santa Clara University, Commerce, Climate change, Cyberattack, White House, Flood, Environment, Private Securities Litigation Reform Act, Citigroup, SJW, Tornado, Connecticut Water Service, Inc., Earthquake, Annual report, KPMG, Thornburg, Southdowns College, Colorado State University, JPMorgan Chase, Compliance, CAO, Head, Accounting, Water supply, Weather, Investment, Industry, NYSE, Walters, Terminology, White, Sumathi Best Television Current Reporting Award, United Kingdom, KPMG LLP, Lynch, Management, Risk management, Coronavirus

The SJW Group (NYSE: SJW) board of directors has appointed James P. Lynch as chief accounting officer and Andrew F. Walters as chief financial officer.

Key Points: 
  • The SJW Group (NYSE: SJW) board of directors has appointed James P. Lynch as chief accounting officer and Andrew F. Walters as chief financial officer.
  • Peter Fletcher has been appointed vice president - information security officer of San Jose Water Co., a wholly owned subsidiary of SJW Group.
  • Walters, who had recently served as chief corporate development officer and an integration executive, has been with SJW Group since 2014.
  • In his new role as vice president - information security officer, he will have responsibilities across all SJW Group operations.

Thornburg Adds Two Co-Portfolio Managers to International Growth Strategy Team

Retrieved on: 
Tuesday, November 2, 2021
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SANTA FE, N.M., Nov. 2, 2021 /PRNewswire/ --Thornburg Investment Management ("Thornburg"), a global investment firm that oversees $49 billion in assets1, today announced the promotions of Nicholas Anderson, CFA, and Emily Leveille, CFA, to portfolio managers on the Thornburg International Growth Fund (Ticker: TINGX) and SMA strategy.

Key Points: 
  • SANTA FE, N.M., Nov. 2, 2021 /PRNewswire/ --Thornburg Investment Management ("Thornburg"), a global investment firm that oversees $49 billion in assets1, today announced the promotions of Nicholas Anderson, CFA, and Emily Leveille, CFA, to portfolio managers on the Thornburg International Growth Fund (Ticker: TINGX) and SMA strategy.
  • "We are pleased to recognize Nick and Emily's accomplishments at Thornburg and elevate them to portfolio managers," said Ben Kirby, co-head of investments.
  • Since the start of the year, he has been an integral part of the international growth team as an associate portfolio manager.
  • She joined Thornburg earlier this year as a senior equity research analyst and she has been supporting International Growth Fund and strategy with investment ideas and research.

Thornburg Income Builder Opportunities Trust Announces Exercise of Over-Allotment Option and Initial Investor Call

Retrieved on: 
Friday, September 24, 2021
Wells Fargo, Goal, Exercise, UCITS, Risk, Stifel, Solution, Oppenheimer, Sale, RBC Capital Markets, NASDAQ, Culture, U.S. Securities and Exchange Commission, Income, UBS, Thornburg, Cyprus Securities and Exchange Commission, CFA, Trust, Industry, Investment, Thornburg Investment Management, Inc., Prospectus, Life insurance, Security (finance), Financial services

SANTA FE, N.M., Sept. 23, 2021 /PRNewswire/ -- Thornburg Income Builder Opportunities Trust (the "Trust") (NASDAQ: TBLD) today announced the Trust has issued an additional 1,825,633 common shares at a price of $20 per share for gross proceeds of $36,512,660, pursuant to the agents' exercise of the over-allotment option.

Key Points: 
  • SANTA FE, N.M., Sept. 23, 2021 /PRNewswire/ -- Thornburg Income Builder Opportunities Trust (the "Trust") (NASDAQ: TBLD) today announced the Trust has issued an additional 1,825,633 common shares at a price of $20 per share for gross proceeds of $36,512,660, pursuant to the agents' exercise of the over-allotment option.
  • Based on the Trust's initial public offering price of $20.00 per share, the distribution represents an annualized distribution rate of approximately 6.25%.
  • The Trust seeks to provide high current income and additional total return by investing in a broad range of income-producing securities.
  • There can be no assurance that the Trust will achieve its investment objective, and you could lose some or all of your investment.

Thornburg Global Opportunities Fund Celebrates Anniversary with Top Percentile Morningstar Ranking in World Large-Stock Category over 15 Years

Retrieved on: 
Wednesday, September 1, 2021
AC, Thornburg, Research, Ticker, Time, Fund, Thornburg Investment Management, Inc., Risk management, UCITS, Solution, Contingencies Fund Act 2020, Culture, Morning Star, Security (finance)

SANTA FE, N.M., Aug. 31, 2021 /PRNewswire/ -- Thornburg Investment Management ("Thornburg"), a global investment firm that oversees $49 billion in assets[1] , today announced the 15-year anniversary of the $1.1 billion Thornburg Global Opportunities Fund ("Fund") (Ticker: THOIX).

Key Points: 
  • SANTA FE, N.M., Aug. 31, 2021 /PRNewswire/ -- Thornburg Investment Management ("Thornburg"), a global investment firm that oversees $49 billion in assets[1] , today announced the 15-year anniversary of the $1.1 billion Thornburg Global Opportunities Fund ("Fund") (Ticker: THOIX).
  • The Fund carries a top percentile ranking in the Morningstar World Large-Stock Blend category, among 81 funds, for the fifteen-year period ending July 31, 2021, based on total returns without sales charge.
  • Built on our core investment principles of flexibility, focus and value, the Fund gives us a durable framework for value-added investing."
  • In addition to the mutual fund, the global opportunities solution is available to certain investors as a UCITS fund and a separately managed account.