CHICAGO--(BUSINESS WIRE)--PPM America, Inc. (PPM) announces the recent additions of Jeff Seaver as the new Head of Global Distribution and Laura Beckner as Head of Consultant Relations, a newly created role. Seaver has more than three decades of institutional sales and service experience, most recently with Western Asset Management. Beckner is a 25-year industry veteran who joins from Loomis, Sayles & Company.
Seaver will lead the firm’s efforts to deliver investment solutions to clients across a broad range of strategies, including Fixed Income, Commercial Real Estate Debt, Investment Grade Private Credit, Private Equity and Collateralized Loan Obligations. He most recently worked at Western Asset Management, where he led the non-profit channel as Head of Endowments & Foundations, Healthcare and Family Offices. His previous roles also include Managing Director positions at Highland Capital Management and Loomis Sayles, where he was responsible for building out and overseeing the EMEA distribution team.
“I am tremendously excited to take PPM’s agile investment platform to the institutional, plan sponsor and consultant markets,” said Seaver. “PPM has the people, processes and market-tested investment strategies in place to provide our clients with first class service and consistent performance through market cycles.”
Additionally, Beckner has joined PPM as Senior Managing Director, Head of Consultant Relations, and reports to Seaver. She previously was the Director of Consultant Relations at Loomis Sayles overseeing a team responsible for cultivating relationships with consulting firms and Outsourced Chief Investment Officers.
“Consultants play an incredibly important role in the institutional marketplace,” said Beckner. “Our goal is to build long-term partnerships with consultants and to ensure they understand exactly how PPM can help their clients achieve their investment objectives.”
“These two hires are an important evolutionary step for PPM, signaling our intent to meaningfully connect with critical segments of the investment management industry,” said Craig Smith, President, CEO and CIO of PPM. “Based upon their past experience on successful teams, both Jeff and Laura know that PPM has all the pieces necessary to deliver consistent results alongside tremendous client service.”
About PPM America
Our mission is to be seen by clients and their advisors as a consistently reliable partner to help them achieve their long-term value goals.
PPM is a US-based institutional asset manager with $70.27 billion in assets under management as of 30 June 2023.1 Established in Chicago in 1990, PPM exists to consistently support institutional clients in achieving their long-term value goals. We offer our Midwestern mentality of hard work, straight talk, full transparency and humility. Our success is supported by a team-based culture that encourages debate, collaboration and consistency. At the center of our belief is the fact that our best ideas to date have and can come from any team member anywhere in our firm. We believe the success of our investment culture is best demonstrated by the strong retention of our clients and investment professionals.
1 AUM includes committed but unfunded capital for PPM’s private equity and commercial real estate businesses.