Teachers Insurance and Annuity Association of America

Nuveen Secures Investment from TIAA for U.S. Impact Housing Fund Dedicated to Affordable Housing

Retrieved on: 
Tuesday, September 19, 2023

The fund also intends to invest in regenerative development and financing that supports minority and women developers of affordable housing.

Key Points: 
  • The fund also intends to invest in regenerative development and financing that supports minority and women developers of affordable housing.
  • Nuveen has extensive experience investing in U.S. affordable housing dating back to 1992.
  • Through these capabilities, Nuveen has dedicated portfolio management support for its affordable housing assets and can work with local communities to preserve and develop more affordable housing.
  • Nuveen Real Estate is a real estate investment management holding company owned by Teachers Insurance and Annuity Association of America (TIAA).

AM Best Affirms Credit Ratings of Teachers Insurance and Annuity Association of America and Its Subsidiary

Retrieved on: 
Thursday, July 27, 2023

AM Best has affirmed the Financial Strength Rating of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aaa” (Exceptional) of Teachers Insurance and Annuity Association of America (TIAA) and its wholly owned insurance subsidiary, TIAA-CREF Life Insurance Company (TIAA-CREF Life).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aaa” (Exceptional) of Teachers Insurance and Annuity Association of America (TIAA) and its wholly owned insurance subsidiary, TIAA-CREF Life Insurance Company (TIAA-CREF Life).
  • Concurrently, AM Best has affirmed the Long-Term Issue Credit Ratings (Long-Term IR) of “aa” (Superior) on TIAA’s surplus notes.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

Console & Associates, P.C.: TIAA Reports Over 2.6 Million Leaked Social Security Numbers Following PBI / MOVEit Data Breach

Retrieved on: 
Thursday, July 27, 2023

For example, dozens of colleges and universities have been notified of the PBI data breach by TIAA.

Key Points: 
  • For example, dozens of colleges and universities have been notified of the PBI data breach by TIAA.
  • Individuals who receive a data breach letter from TIAA or PBI should take steps to protect themselves.
  • Additionally, victims should consider contacting a data breach attorney immediately, as anyone who receives a data breach letter from PBI or TIAA may be entitled to financial compensation.
  • If you wish to discuss this data security incident, or if you have any questions regarding your rights following the TIAA data breach, please contact Console & Associates, P.C.

Rock The Street Wall Street Announces Four New Board Members, Industry Leaders in their Fields of Expertise:

Retrieved on: 
Wednesday, June 21, 2023

NEW YORK, June 21, 2023 /PRNewswire-PRWeb/ -- Rock The Street, Wall Street (RTSWS), bringing the world of math and finance to diverse high school girls, announces the addition of four new board members for the innovative nonprofit. Industry leaders Delano Brissett, Gretchen Flicker, Tricia Rothschild and Stephen Tisdalle join RTSWS's esteemed Board of Directors, chaired by Anders Hall, Vice Chancellor for Investments and Chief Investment Officer at Vanderbilt University.

Key Points: 
  • NEW YORK, June 21, 2023 /PRNewswire-PRWeb/ -- Rock The Street, Wall Street (RTSWS) , bringing the world of math and finance to diverse high school girls, announces the addition of four new board members for the innovative nonprofit.
  • Rock The Street, Wall Street offers racially diverse high school girls additional opportunities to engage with math before proactively selecting college courses and ultimately, their career pursuits.
  • From creating the Fearless Girl campaign, to innovative tech and setting the standards for professional excellence, our new board members are leaders in their respective fields.
  • They are driving the financial industry forward to increase access and diversity across Wall Street," commented Maura Cunningham, RTSWS Founder & CEO.

Sound Point Names Gunther Stein Chief Investment Officer for U.S. Performing Credit and CLOs

Retrieved on: 
Thursday, May 18, 2023

Sound Point Capital Management, LP, a credit-oriented investment manager overseeing approximately $32 billion in total assets, is pleased to announce it has hired Gunther Stein to become Head and Chief Investment Officer (CIO) of its U.S.

Key Points: 
  • Sound Point Capital Management, LP, a credit-oriented investment manager overseeing approximately $32 billion in total assets, is pleased to announce it has hired Gunther Stein to become Head and Chief Investment Officer (CIO) of its U.S.
  • “The addition of Gunther as Head and CIO of our U.S. performing credit platform is a major win for our franchise,” said Stephen Ketchum, Sound Point’s Managing Partner and CEO.
  • “I’m thrilled to be joining Sound Point at such a pivotal time in its growth trajectory,” said Stein.
  • In time, under Mr. Stein’s leadership, Sound Point expects to launch new initiatives in the performing credit space.

Virgin Pulse Announces Winners of 2023 Thrive Awards for Exceptional Health & Wellbeing Programs

Retrieved on: 
Thursday, April 27, 2023

PROVIDENCE, R.I., April 27, 2023 /PRNewswire/ -- Virgin Pulse, the leading global digital-first health, wellbeing, and navigation company, today announced the winners of the second annual Virgin Pulse Thrive Awards. The Thrive Awards recognize exceptional organizations who make innovative health and wellbeing programs a priority, enabling employees, members, and patients to create lasting, healthy changes. The awards were presented during Thrive Summit 2023, an immersive annual event that drew 1,200 employer, health plan, and health system leaders to learn from experts and each other, gaining actionable strategies for evolving programs and achieving positive outcomes.

Key Points: 
  • Awards recognize organizations that have excelled at improving health and wellbeing, experience, and outcomes for employees, members, and patients
    PROVIDENCE, R.I., April 27, 2023 /PRNewswire/ -- Virgin Pulse , the leading global digital-first health, wellbeing, and navigation company, today announced the winners of the second annual Virgin Pulse Thrive Awards.
  • The Thrive Awards recognize exceptional organizations who make innovative health and wellbeing programs a priority, enabling employees, members, and patients to create lasting, healthy changes.
  • The 2023 Virgin Pulse Thrive Award winners are:
    Global Health and Wellbeing Award – Celebrates an organization with a global footprint outside the U.S. that has achieved success expanding their wellbeing program to a variety of different populations.
  • Outcomes Awards – Recognizes companies that have significantly improved health and wellbeing outcomes within their organization following Virgin Pulse activation.

Official Release: Leston Welsh Joins ShelterPoint as President

Retrieved on: 
Wednesday, April 12, 2023

/PRNewswire-PRWeb/ -- Mr. Welsh brings a wealth of leadership experience from some of the most respected companies in our industry – Sun Life, Unum, Prudential, New York Life and mostly recently, Teachers Insurance and Annuity Association of America (TIAA), where he was Senior Managing Director & Product General Manager for Individual Retirement Solutions. He is originally from Jamaica, having moved to New York City after high school where he graduated from Baruch College with a BA in Mathematics. Leston Welsh started his career in the actuarial program at Price Waterhouse Coopers and then moved to New York Life, where he became a Fellow of the Society of Actuaries and Member of the American Academy of Actuaries. He is also a Qualified Actuary and a FINRA Registered Principal (Series 6, 7, 24, 26). While Mr. Welsh has extensive actuarial experience and qualifications, he has spent the last several years leading major product and business units for some of the companies mentioned above.

Key Points: 
  • GARDEN CITY, N.Y., April 12th, 2023 Leston Welsh joined ShelterPoint Life Insurance Company (ShelterPoint) as President on Monday, April 10.
  • Mr. Welsh is an addition to the existing executive management team lead by CEO Richard White, who has been with the company since 2009.
  • Mr. White expressed his excitement about adding this new talent to the executive leadership team, "The addition of Leston reflects the success that all of us have built together here at ShelterPoint.
  • Leston is our latest addition to building on the outstanding talent that we have here at ShelterPoint."

Ninepoint Partners Announces Launch of Nuveen-Ninepoint Global Real Estate Fund LP

Retrieved on: 
Monday, March 20, 2023

TORONTO, March 20, 2023 (GLOBE NEWSWIRE) -- Ninepoint Partners, one of Canada’s leading alternatives asset managers, is pleased to announce the launch of Nuveen-Ninepoint Global Real Estate Fund LP (“the Fund”), Ninepoint’s new private real estate offering for Canadian institutional investors. This multi-strategy fund will invest in established real estate mandates managed by Nuveen across the industrial, multifamily, retail, workplace, and alternatives sectors.

Key Points: 
  • TORONTO, March 20, 2023 (GLOBE NEWSWIRE) -- Ninepoint Partners, one of Canada’s leading alternatives asset managers, is pleased to announce the launch of Nuveen-Ninepoint Global Real Estate Fund LP (“the Fund”), Ninepoint’s new private real estate offering for Canadian institutional investors.
  • This multi-strategy fund will invest in established real estate mandates managed by Nuveen across the industrial, multifamily, retail, workplace, and alternatives sectors.
  • Real estate exposure is expected to be, but not limited to, real estate assets in the industrial, multifamily, retail, office, workplace and alternatives sectors.
  • The Fund may also invest in other underlying investment vehicles, including but not limited to Ninepoint High Interest Savings Fund.

Guardian Life Names Industry Veteran Nicholas Liolis Chief Investment Officer

Retrieved on: 
Tuesday, January 3, 2023

NEW YORK, Jan. 3, 2023 /PRNewswire/ -- The Guardian Life Insurance Company of America® (Guardian Life) today announced Nicholas Liolis, a highly experienced investment professional and industry veteran, will join the company as Chief Investment Officer. The appointment is effective January 23, 2023.

Key Points: 
  • NEW YORK, Jan. 3, 2023 /PRNewswire/ -- The Guardian Life Insurance Company of America® ( Guardian Life ) today announced Nicholas Liolis, a highly experienced investment professional and industry veteran, will join the company as Chief Investment Officer.
  • Guardian announced Nicholas Liolis, a highly experienced investment professional, will join the company as CIO
    Reporting to Chief Executive Officer and President Andrew McMahon, Liolis will be responsible for investment policy and strategy across all of Guardian's investment categories, including public and private equity, fixed income, and commercial real estate.
  • "We're excited to have Nick join Guardian as our Chief Investment Officer," said McMahon.
  • Over his 20-year tenure at AXA, he held several positions including Head of Hedge Fund Investments, Chief Credit Officer, and Deputy Chief Investment Officer prior to being named Chief Investment Officer in 2012.

Churchill Asset Management Named One of the 2022 Pensions & Investments’ Best Places to Work in Money Management

Retrieved on: 
Tuesday, December 13, 2022

Churchill Asset Management LLC (Churchill), an investment-specialist of Nuveen that provides customized financing solutions to U.S. middle market-focused private equity sponsors and their portfolio companies, was recognized today among the 2022 Best Places to Work in Money Management by Pensions & Investments (P&I) magazine.

Key Points: 
  • Churchill Asset Management LLC (Churchill), an investment-specialist of Nuveen that provides customized financing solutions to U.S. middle market-focused private equity sponsors and their portfolio companies, was recognized today among the 2022 Best Places to Work in Money Management by Pensions & Investments (P&I) magazine.
  • Presented by Pensions & Investments, the global news source of money management, the annual survey and recognition program is dedicated to identifying and recognizing the best employers in the industry.
  • Pensions & Investments is proud to honor the Best Places to Work in Money Management for the 11th year.
  • Churchill Asset Management is a registered investment advisor and majority-owned, indirect subsidiary of Teachers Insurance and Annuity Association of America.