Forward’s former president Jeff Cusack has taken a new job with rival alternative mutual fund ship Nuveen Investments as Managing Director, RIA and Alternative Investments Distribution. Cusack will focus on growing Nuveen’s retail alternative investment distribution platform, and he will report to Carl Katerndahl, head of retail distribution.
A spokesperson for Forward said the firm is currently looking to replace Cusack’s position but declined to further comment on the move.
"Nuveen already has a strong institutional presence in the alternative space, with $14 billion in commodities at our Gresham affiliate and offerings from Symphony and Nuveen Asset Management," said Katerndahl. "In this new role, Jeff will look to expand our success into the retail space."
Cusack held his former position from August 2008 to August 2012.