GoldenTree Asset Management Hires Chad Plotke as Principal in Newport Beach, CA

NEW YORK--(BUSINESS WIRE)--GoldenTree Asset Management (“GoldenTree”), a global asset management firm with over $50 billion in assets under management, today announced the hiring of Chad Plotke as a Principal, establishing GoldenTree’s physical presence in California. Based in Newport Beach, Mr. Plotke will focus on business development, covering relationships such as family offices, corporate pensions, healthcare organizations, endowments and foundations. He will report to Kathy Sutherland, Chief Executive Officer and Partner at GoldenTree.

Mr. Plotke joins GoldenTree from PIMCO, where he was an Executive Vice President and Account Manager, leading relationships with single family offices and nonprofit organizations throughout the United States and across various asset classes. During his time at PIMCO, he also spent 18 months as Head of HR Strategy, guiding key human resources projects across the globe. Mr. Plotke also has previous experience as a consultant at Protiviti. He received an M.B.A. from the University of North Carolina Kenan-Flagler Business School, a B.A. in Economics from Kenyon College, and he is also a CFA charter holder.

Ms. Sutherland said that, "Chad brings nearly 15 years of strategy and business development experience across asset classes to GoldenTree and we are excited to welcome him to the team. Attracting the best talent remains central to GoldenTree’s expansion, and Chad will help drive important growth for GoldenTree from California.”

Steve Tananbaum, Founder, Chief Investment Officer and Managing Partner at GoldenTree said “At GoldenTree, we know physical proximity to our investors and partners brings increased collaboration and we are enthusiastic about our opportunities for growth in the West. We are pleased to bring in someone with Chad’s depth of relationships and experience, and we are looking forward to him expanding our physical presence on the West Coast.”

Mr. Plotke said, "I’m looking forward to joining the world-class team at GoldenTree and the opportunity to work with such an experienced group to contribute to the firm’s growth with new and current partners.”

About GoldenTree

GoldenTree is a 100% employee-owned, global asset management firm that specializes in opportunities across the credit universe in sectors such as high yield bonds, leveraged loans, private credit, distressed debt, structured products, emerging markets, private equity and credit-themed equities. GoldenTree was founded in 2000 by Steve Tananbaum and is one of the largest independent, global credit asset managers. GoldenTree manages over $50 billion for institutional investors, including leading public and corporate pensions, endowments, foundations, insurance companies and sovereign wealth funds. GoldenTree has over 290 employees, with offices in New York, West Palm Beach, Charlotte, Newport Beach, London, Dublin, Singapore, Sydney, Tokyo and Dubai. For more information, please visit www.goldentree.com.