Fri, Jul 19, 2019
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

PineBridge Investments makes Ahern Global CFO

Monday, April 01, 2019
Opalesque Industry Update - PineBridge Investments, a private global asset manager, today announced the appointment of Tracie E. Ahern as Chief Financial Officer. Ms. Ahern will join the firm's management committee and will be responsible for further developing and refining the firm's financial strategy as well as managing the global finance and accounting functions. She is based in New York and reports to PineBridge COO Michael J. Karpik.

"We are extremely pleased to welcome Tracie to the firm," said Mr. Karpik. "Her leadership skills and focus on results, in addition to her exceptional strategic and financial planning capabilities, are a strong complement to the operational infrastructure we have built to support our growing business."

Ms. Ahern has over 28 years in the investment management industry, including 10 years of CFO experience with alternative and long only funds. Most recently, she served as an Independent Trustee for the Advisor Inner Circle Trust, a $60 billion investment trust, as well as an independent director on various alternative funds. From 2007-2015 she was CFO for Soros Fund Management, where she managed the Treasury, Operations, Fund Administration and Management Company finances and served as a director on numerous boards for Quantum Fund related entities. In addition, Ms. Ahern chaired the Valuation Committee and participated as a member of the firm's Management, Capital Allocation and Risk, Brokerage and Retirement Committees.

Previously, Ms. Ahern was the Vice President of Capital Markets Accounting for Freddie Mac, overseeing financial reporting for over $800 billion of mortgage bonds and loans and $1 trillion of derivative assets. She was also a Partner and Director of Fund Administration and Operations at Lord, Abbett & Co., and held numerous tax, compliance and fund administration roles at Bankers Trust, Morgan Grenfell and Goldman Sachs Asset Management.

"As we continue to evolve and build on our strengths as a global firm, we will benefit immensely from having a leader like Tracie as part of our management team," added PineBridge CEO Gregory A. Ehret. "Her career experience, financial acumen and deep industry knowledge will enable us to further align our finance function with our strategic vision in order to deliver results for our clients."

Ms. Ahern is a CPA and received an MBA in Finance and International Business from the Stern School of Business at New York University and a BS in Accounting from Manhattan College. She has served on the National Foundation and Corporate Boards of the Human Rights Campaign, as well as on the Board of DC Scores, a literacy and athletic afterschool program for inner city children in Washington DC.

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Crypto: U.S. market regulator issues guidance on custody of digital asset securities, Bitcoin's stunning growth makes it investable, admits legendary hedge fund manager, Institutional investments rise with bitcoin volatility. Wait, what?, Can blockchain build a better bank? Experts weigh in - The Ledger, Cryptocurrency startups get partial green light from Washington, Facebook's Libra cryptocurrency faces more backlash, China's central bank developing own digital currency in response to Libra[more]

    U.S. market regulator issues guidance on custody of digital asset securities From Reuters: The U.S. Securities and Exchange Commission (SEC) on Monday issued a notice on broker-dealer custody of digital asset securities, amid industry requests for clarity on whether they can hold such a

  2. PE/VC: Burger King in China and Turkey attracts private equity buyers, China's VC market is said to enter a downturn, VC industry makes slow progress on diversity[more]

    Burger King in China and Turkey attracts private equity buyers From Finance Asia: The world's largest franchisee of the fast-food chain outside the US is on the block. One wealthy Turkish family holds the key to a successful sale. Burger King is back up for sale in China and Turkey

  3. Hedge funds post best first half in decade, Viking Global funds surge, Blue Harbour's double windfall[more]

    Hedge funds post best first half in decade From Bloomberg: Hedge funds reported the best first half since 2009 as equity managers capitalized on the surge in stocks. Funds rose 5.7% from January through June, according to Hedge Fund Research Inc.'s asset-weighted index of managers. Equi

  4. Private real estate fundraising nosedives in 2Q 2019, hitting a five-year low[more]

    Laxman Pai, Opalesque Asia: Private real estate fundraising decreased significantly in Q2 2019 from the previous quarter, hitting a five-year low, Preqin said in its quarterly update on real estate. Forty-seven funds reached a final close, raising just $29bn, which marks a sharp decrease fro

  5. Regulatory: SEC reforms open door to BDC market shakeup, Regulatory rollback: First set of Volcker Rule reforms finalized[more]

    SEC reforms open door to BDC market shakeup From Reuters: The US Securities and Exchange Commission's (SEC) fund of funds proposals potentially open the door to a shakeup in the Business Development Company (BDC) market. Under the existing guidelines, regulated funds are prohibited from