The TCW Group has added Joseph Carieri as head of U.S. institutional distribution and marketing, responsible for all marketing activities and initiatives related to the institutional investor community. Carieri will report directly to TCW President and CEO David Lippman.
Carieri will take over marketing responsibilities from Chris Scibelli, formerly a founding partner of MetWest and a managing director at TCW, who is leaving the firm to pursue other opportunities, according to the firm. Previously, Carieri worked at Western Asset Management Company (WAMCO) where he served as a senior client service executive for 18 years and was responsible for the public fund and Taft-Hartley markets. Prior to WAMCO, he was the senior investment officer for the Los Angeles County Employee Retirement Association.
“Joe has a proven track record and a keen sense of the needs and issues facing institutional investors, having worked most recently at one of the largest asset management firms in the U.S., and before that as an investor and steward of public capital at LACERA,” stated Lippman.