MetLife Investment Management names global head of the institutional client group


Money Management

Matthew Mosca

Matthew Mosca on Thursday was named senior managing director and global head of the institutional client group at MetLife Investment Management.

Mr. Mosca replaces David Rothenberg. Mr. Rothenberg left MetLife in 2018, according to spokesman James Murphy.

Mr. Mosca is responsible for MetLife Investment Management’s institutional client strategy globally. He will also oversee client relationship management and consultant relations.

“Matt’s appointment will really help us write the next chapter for MetLife Investment Management as we think about our core growth areas across public fixed income, private fixed income and real estate,” said Steven J. Goulart, president of MetLife Investment Management and executive vice president and chief investment officer for parent MetLife Inc., in an e-mail interview.

“When we launched in late 2012, we began with just four clients across three strategies. Since then, we’ve grown significantly,” Mr. Goulart added. “We now manage approximately $170 billion for around 300 third-party and separate account clients, and approximately $420 billion for MetLife’s general account. Looking forward, we think we can reach around $750 billion in AUM organically (third-party and general account combined), if markets and business conditions remain supportive.”

Mr. Mosca was managing director and head of strategy and business implementation for BlackRock (BLK)’s official institutions group, He was also a member of the institutional client business leadership team. BlackRock spokesman Ed Sweeney couldn’t be reached for information about a replacement.

Mr. Mosca spent more than 25 years at BlackRock in a number of senior leadership positions. During his tenure, he also served as chief operating officer of BlackRock’s institutional client business where he was responsible for overseeing group operations and client service for BlackRock’s institutional clients. Mr. Mosca has extensive experience working with institutional investors around the globe, including two years as co-head of Nomura BlackRock Asset Management Co. in Japan.

Mr. Goulart said as part of a larger and more strategic role for the position, Mr. Mosca’s international experience will help MetLife Investment Management drive plans to increase the firm’s “presence, capabilities and client base in international markets.”

“Over the last 12 months, we’ve added to our sales teams in Europe and in Asia. We secured a license to operate in Hong Kong over the last year. And we’re looking at other growth markets in Latin America as well,” Mr. Goulart said.

MetLife Investment Management had about $589 billion in assets under management as of Dec. 31. Parent company MetLife Inc. is scheduled to release earnings for the quarter ended March 31 on May 1.

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