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.

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