Northwestern Mutual has created Mason Street Advisors, LLC, a wholly owned subsidiary that is intended to boost the company’s image in the investment management arena. Mark Doll, senior VP of the public markets division at Northwestern Mutual, has assumed the post of president of Mason Street Advisors.

Mason Street Advisors has 50 employees, mostly from Northwestern Mutual Investment Company, LLC’s public markets department. NMIC has served as the advisor to the Mason Street Funds and variable product sub-accounts, but will pass that mantle to Mason Street Advisors.

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