333 West Wacker Drive
Chicago, IL 60606
Google Maps
Contact
Main Phone: 800-257-8787
Web Site:
http://www.nuveen.com
Mutual Fund Brand(s)
Nuveen Investments
Research Links
SEC Fund Filings by CIK
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Background:
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In January 2017, higher education retirement plan giant TIAA rebranded its entire asset management arm, formerly TIAA Global Asset Management, under the Nuveen name.
On April 14, 2014, TIAA-CREF (now called TIAA) unveiled a deal to buy the $221 billion AUM Nuveen for $6.25 billion. The purchase reportedly included $4.5 billion in debt and $1.75 billion in cash.On October 1, 2014, TIAA-CREF confirmed that the deal had closed.
Nuveen provides a multi-boutique asset management model and offers porfolios through the NWQ, Nuveen Asset Management, Santa Barbara, Symphony, Tradewinds, Winslow Capital and Gresham investment teams.
2007 Sale
Madison Dearborn led a group of private equity deal to take the asset manager private in November of 2007. The deal was valued at $5.4 billion. Other investors included: Merrill Lynch Global Private Equity, Wachovia Capital Partners (now part of Wells Fargo, Citi and DB Investment.
First American Funds Purchase
Nuveen added 41 mutual funds when it purchased the First American Funds (FAF Funds) from U.S. Bancorp in July 2010 for $80 million. U.S. Bancorp also acquired a 9.5 percent stake in Nuveen as part of that transaction.
Early History
John Nuveen founded the firm as The John Nuveen Company in 1898. It initially specialized in investing and underwriting municipal bonds.
Investors Diversified Service (IDS) purchased Nuveen in 1969. Nuveen was sold in 1974 to the St. Paul Companies.
It launched its first tax-free mutual funds in 1976.
Nuveen (JNC) listed on the NYSE in 1992.
Mutual Fund Acquisitions
Flagship Resources, Inc. (1996) Institutional Capital Corporation (ICAP Funds) (1996) First American Funds (2010)
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Sponsored Opportunities
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Key People:
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Jose Minaya
President, Chief Investment Officer, Nuveen | Vijay Advani
CEO, Nuveen | Carl Katerndahl
Executive Vice President, Head of Retail and High Net Worth Distribution, Nuveen Investments | Anthony Ciccarone
Executive Vice President, Head of Strategic Partnerships and Advisory Solutions, Nuveen Investments | John Amboian
Non-Executive Chairman, Nuveen Investments | Rob Leary
Outgoing CEO, Nuveen | William Huffman
President, Nuveen Asset Management, Nuveen Asset Management | Margo Lynn Cook
President, Nuveen Advisory Services, Nuveen Investments | Tom Schreier
Outgoing Vice Chairman Wealth Management, Nuveen Investments; Chairman, Nuveen Asset Management, Nuveen Investments | Frank Wheeler
Global Head of Distribution and Marketing, Matthews Asia | Glenn Richter
TIAA-CREF | Stephen Ban
Managing Director, Business Development & Portfolio Advisory, Nuveen Asset Management | John MacCarthy
Senior Vice President, Secretary and General Counsel, Nuveen Investments | Greg Bottjer
Head of Global Product Strategy and Development, Cohen & Steers | Paul Redden
Regional Sales Director, Mid-Atlantic, Nuveen Investments |
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