BOSTON--(BUSINESS WIRE)--Natixis Global Asset Management, one of the largest asset managers in the world, announced today it will relocate its United States corporate headquarters to 888 Boylston Street in Boston, 1 as the anchor tenant in a new office building being developed by Boston Properties adjacent to the Prudential Center in Boston’s Back Bay neighborhood. Expecting to build upon its sustained pattern of growth, Natixis will occupy approximately 128,000 square feet in five stories with the option to expand onto a sixth floor. Construction of Natixis’ space is scheduled for completion in fall 2017.
"We are thrilled to be a part of this exciting project for the City of Boston and the region’s economy," said John Hailer, President and CEO of Natixis Global Asset Management, Asia and the Americas. "Boston has always provided an excellent home for Natixis, and we feel fortunate to be able to grow and further expand in this great city."
The 17-story, 425,000-square-foot 888 Boylston Street is designed to be Boston’s most sustainable office building, using 45 percent less energy and 37 percent less potable water than an average office building. Customers at 888 Boylston can leave the lights off 60 percent of the time, as the building features daylight penetration to 95 percent of the floor area. Designed to achieve LEED Platinum certification from the U.S. Green Building Council, additional sustainable features include a chilled beam HVAC system, on-site rooftop wind power generation that will power all exterior building and plaza lighting, and a rain harvesting and reuse system.
“The Prudential Center has helped define the skyline of Boston for more than half a century, and 888 Boylston Street represents a new definition in sustainable building design,” said Bryan Koop, Boston Properties Senior Vice President and Regional Manager. “Natixis Global Asset Management has been an important corporate presence in the Back Bay for many years, and we are honored to have them as the lead customer at this exciting project.”
With more than 3,400 employees worldwide, 1,400 of whom are located in Boston, Natixis has expanded significantly over the last 15 years, having successfully acquired more than 15 new investment management firms. As a testament to its strategic growth, Natixis was recognized as the #1 U.S. mutual fund family by Barron’s this year. 2
Consistently voted one of Boston’s best places to work by the Boston Globe and voted a “Top Charitable Contributor” by the Boston Business Journal in 2013, Natixis employees receive paid time off for volunteering and participate in an employee match program in which employees donated nearly $400,000 to various charities in 2013.
Natixis continues to expand its presence in Boston, adding more than 200 jobs in the past five years and more than 500 over the past decade. 888 Boylston will provide the space Natixis needs to conduct business, welcome growth both locally and internationally, and continue to be one of the best and most innovative places to work in Boston.
John Barry and Michael Joyce of Transwestern | RBJ represented Natixis in this transaction.
About Natixis Global Asset Management, S.A.
Natixis Global Asset Management, S.A. is one of the largest asset managers in the world based on assets under management.1 Its affiliated asset management companies provide investment products that seek to enhance and protect the wealth and retirement assets of both institutional and individual investor clients. Its proprietary distribution network helps package and deliver its affiliates’ products around the world. Recognized as the #1 U.S. mutual fund family for 2013 performance in the annual Barron’s/Lipper Fund Family Ranking,2 Natixis Global Asset Management, S.A. brings together the expertise of multiple specialized investment managers based in Europe, the United States and Asia to offer a wide spectrum of equity, fixed-income and alternative investment strategies.
Headquartered in Paris and Boston, Natixis Global Asset Management, S.A.’s assets under management totaled $899.9 billion (€652.9 billion) as of March 31, 2014.3 Natixis Global Asset Management, S.A. is part of Natixis. Listed on the Paris Stock Exchange, Natixis is a subsidiary of BPCE, the second-largest banking group in France. Natixis Global Asset Management, S.A.’s affiliated investment management firms and distribution and service groups include Absolute Asia Asset Management; AEW Capital Management; AEW Europe; AlphaSimplex Group; Aurora Investment Management; Capital Growth Management; Darius Capital Partners; Gateway Investment Advisers; H2O Asset Management; Hansberger Global Investors; Harris Associates; IDFC Asset Management Company; Loomis, Sayles & Company; McDonnell Investment Management; Mirova Asset Management; Natixis Asset Management; Ossiam; Natixis Environnement & Infrastructure Luxembourg; Reich & Tang Asset Management; Snyder Capital Management; Vaughan Nelson Investment Management; Vega Investment Managers; and Natixis Global Asset Management Private Equity, which includes Seventure Partners, Naxicap Partners, Alliance Entreprendre, Euro Private Equity, Caspian Private Equity and Eagle Asia Partners. Visit ngam.natixis.com for more information.
1 Cerulli Quantitative Update: Global Markets 2014 ranked Natixis Global Asset Management, S.A. as the 16th largest asset manager in the world based on assets under management as of December 31, 2013.
2 Barron's/Lipper 2013 one-year fund family ranking based on 64 qualifying U.S. fund companies. Each fund family must have at least three funds in Lipper's general U.S.-stock category, one world (global and international), one mixed-asset/balanced (stocks and bonds), two taxable bond and one tax-exempt bond fund. Natixis was not ranked for the 5- and 10- year periods. Past performance is no guarantee of future results.
3 Assets under management (AUM) may include assets for which non-regulatory AUM services are provided. Non-regulatory AUM includes assets which do not fall within the SEC’s definition of ‘regulatory AUM’ in Form ADV, Part 1.