DAVID LIPPMAN

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DAVID LIPPMAN

David Lippman

Chief Executive, TCW Group Inc.

THE LATEST: In January, TCW Group’s New America Premier Equities Fund beat the performance of the benchmark Russell 1000 index over the prior three-year period. That news came after a #MeToo allegation last year that led to changes on TCW’s board.

BACKGROUND: TCW is one of the largest asset managers in Los Angeles. As of March, the firm has $200 billion under management. Its clients include corporate and public pension plans, endowments and foundations, financial advisers and institutions, and wealthy individuals. Before joining TCW in 2009, Lippman was CEO of Metropolitan West Asset Management where he led strategy and operations, and served on the credit committee and the structured products committee. His career includes positions at Credit Suisse First Boston in New York, Donaldson Lufkin & Jenrette and Drexel Burnham Lambert.

WORTH NOTING: Lippman graduated from Drew University and earned his law degree from Hofstra University.

YEARS ON THE LA500: 1

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