TIAA’s Nuveen Investments appoints Bill Stout as managing director

Nuveen Investments, an operating division of TIAA Global Asset Management, appointed Bill Stout as managing director and head of alternative investments business development, a newly created role. Stout was most recently a managing director at Corsair Capital Management.

Press Release

Nuveen Investments, an operating division of TIAA Global Asset Management, today announced the appointment of Bill Stout as Managing Director and Head of Alternative Investments Business Development. In this newly created role, Stout will be charged with helping the firm place new private funds onto the investment platforms of wealth managers who serve retail and high-net-worth investors, grow alternative investment distribution capabilities, and represent many of the investment strategies to clients on behalf of portfolio managers. Based in New York, Stout will report to Mike Perry, Managing Director, Head of Alternative Investments for Nuveen.

Nuveen is able to bring to the retail and high-net-worth market the full array of TIAA Global Asset Management’s leading alternative strategies which represent a broad and diverse suite of investment capabilities. Nuveen draws heavily from TIAA Global Asset Management’s industry-leadingi TIAA Global Real Assets is ranked as the largest real estate manager of U.S. tax-exempt assets, the largest manager of real estate assets in farmland, and one of the top ten managers of real estate assets in timber according to Pensions & Investments, October 19, 2015. Rankings based on institutional tax exempt assets under management as of June 30, 2015 reported by each responding asset manager. Global Real Assets platform to offer private global real estate, private equity, agriculture, agribusiness, and timber investments, as well as its several affiliates to provide alternative credit-based, long/short, and special sector investment strategies.

“We are excited to have Bill join our team and to leverage his many talents to help us bring the capabilities of TIAA Global Asset Management’s alternative investments platform to current and prospective clients,” said Mike Perry. “Bill’s appointment represents a key milestone in support of our strategic efforts toward furthering our position as a global leader in the alternative investments marketplace.”

Stout added, “I am pleased to be joining Nuveen at such an important time, one that is filled with so much opportunity to bring meaningful alternative investments solutions to clients. Supporting financial advisors through education and quality investment mandates, and meeting the financial objectives and outcomes desired by their clients continues to be in high demand, and is a hallmark of Nuveen’s offer in the marketplace. Combining that legacy with the investment expertise and leadership of TIAA in the alternatives space positions Nuveen exceptionally well to meet these needs.”

Bill brings more than 14 years of alternative investments experience to the firm. He most recently served as Managing Director of Business Development and Investor Relations at Corsair Capital Management, an event-driven hedge fund manager, where he was responsible for leading the sales and client service efforts. Prior to his tenure at Corsair, Bill was Managing Director at hedge fund-of-funds firm Robeco-Sage as well as successor firm Arden Asset Management serving in sales, business development, and investor relations leadership roles. At each of these firms, Bill was successful in placing alternative investment strategies onto the product platforms of leading wire house and advisory firms.

About Nuveen Investments

Nuveen provides investment solutions designed to help secure the long-term goals of individual investors and the financial advisors who serve them. Through the expertise and capabilities of high-caliber investment managers, Nuveen is committed to providing world-class consultative services and advice that align with client needs. Nuveen Investments is an operating division of TIAA Global Asset Management. For more information, please visit the Nuveen Investments website at www.nuveen.com.

About TIAA Global Asset Management

TIAA Global Asset Management provides investment advice and portfolio management through TIAA and more than a dozen affiliated registered investment advisers. Collectively managing $861 billion in assets (as of March 31, 2016), the business provides access to innovative investment strategies through expertise that spans traditional and alternative asset classes, generating new investment opportunities for clients through a wide array of vehicles including funds, customized strategies and solutions. TIAA Global Asset Management is committed to TIAA’s legacy of helping individuals and institutional investors achieve long-term investment success and financial well-being.

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i TIAA Global Real Assets is ranked as the largest real estate manager of U.S. tax-exempt assets, the largest manager of real estate assets in farmland, and one of the top ten managers of real estate assets in timber according to Pensions & Investments, October 19, 2015. Rankings based on institutional tax exempt assets under management as of June 30, 2015 reported by each responding asset manager.