NEW YORK--(BUSINESS WIRE)--Jon P. DeBow was named Senior Vice President of marketing for the institutional fixed income business of Ramirez Asset Management (RAM). Mr. DeBow will be responsible for developing and managing relationships with institutional investors and consultants for RAM’s Defined Contribution and Stable Value strategies.
Prior to joining RAM, Mr. DeBow was an Executive Director in the global fixed income division of J. P. Morgan Asset Management, where he focused on institutional retirement, defined contribution and stable value clients.
Jon will report to Samuel A. Ramirez, Jr., President and CEO of RAM.
RAM, established in 2002, is an affiliate of the oldest Hispanic-owned investment firm in the United States, Samuel A. Ramirez & Company, Inc., and a certified minority owned business that provides total return institutional fixed income services to institutional customers. RAM is one of only a few minority owned investment managers who offer Stable Value products and has a solid track record of managing Stable Value assets for more than 4 years. As an emerging manager, RAM believes there will be an increasing opportunity and demand for RAM’s fixed income capabilities in the defined contribution and more specifically stable value market. RAM currently manages over $400 mm for Stable Value clients, which is paired with wrap coverage from a leading insurance provider.
“RAM has been able to deliver strong, risk adjusted returns for our current stable value clients. Our distinct investment philosophy which leverages our expertise in government securities in conjunction with high grade taxable municipals, credit, and securitized products lends itself to unique diversification and customization benefits for our client base,” added Sam Ramirez Jr.