Our History

2010-2017

2017

  • Lipper honors three TCW Fixed Income Funds as the best in their categories for the 10-year period

2016

  • TCW Named ‘Best Place to Work’ by Pensions & Investments for the third year in a row
  • Combined mutual fund complex tops $100 billion
  • Lipper honors MetWest Fund Family as the best large company asset class group
  • TCW and MetWest Funds Honored in 2016 Lipper Awards

2015

  • TCW Named ‘Best Place to Work’ by Pensions & Investments for the second year in a row
  • TCW launches TCW Alternative Fund family
  • TCW and MetWest Funds Honored in 2015 Lipper Awards
  • Combined mutual fund complex tops $90 billion in assets
  • TCW Power Group formed, led by Brian Daly

2014

  • TCW Named 'Best Place to Work' by Pensions & Investments
  • Combined mutual fund complex tops $70 billion in assets
  • MetWest Total Return Bond Fund tops $40 billion
  • Alex B. McCulloch named as Head of Retail Sales and Distribution

2013

  • TCW Fixed Income team of Tad Rivelle, Laird Landmann and Steve Kane nominated for Morningstar Fixed Income Fund Manager of the Year for their management of the MetWest Total Return Bond Fund
  • Douglas Morris joins as Head of Corporate Communications and Marketing
  • Joseph C. Carieri joins as Head of Institutional Sales and Distribution
  • Combined mutual fund complex tops $50 billion in assets
  • February 2013: TCW Management and The Carlyle Group finalize purchase of TCW from Société Générale

2012

  • TCW Fixed Income team of Tad Rivelle, Laird Landmann and Steve Kane nominated for Morningstar Fixed Income Fund Manager of the Year for their management of the MetWest Total Return Bond Fund
  • TCW agrees to acquire the Special Situations Funds group from Regiment Capital
  • Jess Ravich joins as Head the TCW Alternatives Products
  • David Lippman becomes President and Chief Executive Officer of TCW Group, succeeding Marc Stern who is named Chairman
  • TCW management and The Carlyle Group announce definitive agreement to acquire TCW Group from Société Générale
  • Combined TCW/MetWest mutual fund complex tops $40 billion in assets
  • TCW announces partnership with NCB Capital to launch Shariah-compliant Funds in Middle East
  • MetWest Total Return Bond Fund tops $20 billion in assets

2011

  • TCW’s flagship mutual fund, the Metropolitan West Total Return Bond Fund, tops $15 billion in assets
  • Combined TCW mutual fund complex tops $30 billion in total assets, more than tripling in size in less than two years

2010

  • TCW launches Emerging Markets Local Currency Income Fund, led by Veteran TCW Fund Managers Penelope Foley and David Robbins
  • TCW’s fixed income team, led by Tad Rivelle, named Runner-Up for the Morningstar Fixed Income Manager of the Year Award.

 

2000-2009

2009

  • TCW Announces Definitive Acquisition Agreement with Metropolitan West Asset Management LLC, an Award-Winning Fixed Income Manager
  • Los Angeles Business Journal Names TCW One of the "Best Places to Work" for the Second Year in a Row 
  • TCW Announces Management Succession; Marc Stern Named Chief Executive Officer of TCW, replacing Robert D. Beyer, who retired 

2008

  • TCW Named One of the “Best Places to Work” in Los Angeles
  • TCW's David DeVito Nominated “CFO of the Year” by L.A. Business Journal

2007 

  • TCW Acquires Majority Interest in Buchanan Street Partners
  • TCW Launches the TCW Asset Allocation Funds
  • TCW’s Diane Jaffee Wins Separately Managed Account Honor from Standard & Poor’s Prima Capital and Investment Advisor Magazine  

2006

  • TCW Funds Group Name Changed to TCW Funds, Inc.
  • Convertible Securities Fund Transitions to TCW Strategic Income Fund

2005

  • TCW Announces Management Succession; Robert Beyer named CEO and William Sonneborn named President   
  • TCW Funds Top $8.5 billion

2004

  • U.S. Excellence in Fund Management Awards for the Second Straight Year
  • TCW AUM Exceed $100 billion for the First Time
  • TCW Funds top $7 billion

2003

  • TCW AUM: $90 billion
  • TCW Funds Ranked Among Fastest Growing Fund Families in U.S.: TCW Funds Top $5 billion

2002

  • Fitch-AMR Assigns an AA+ Rating to the Operations of TCW, the First-Ever Independent Rating of an American Asset Manager

2001

  • French Banking Giant Société Générale Acquires a Majority Interest in TCW
  • TCW Funds Ranked Among Fastest Growing Fund Families in U.S. 

2000

  • TCW AUM: $79 billion
  • TCW Funds top $2.5 billion

 

1990-1999

1999

  • TCW AUM Grows by 34% in 1 Year to $71 billion – Equals Growth in First 17 years of Firm
  • 91% of all TCW Marketable Securities Strategies Outperformed their Benchmarks
  • TCW Fund “N” Shares Launched

1998

  • TCW Forms Strategic Alliance with Yasuda Fire & Marine in Japan

1997

  • TCW Launches Three Collateralized Bond Obligations (CBOs); One MBS Fund and Two Global Emerging Markets Funds 

1996

  • TCW AUM: $53 billion
  • First Mezzanine Fund Launched

1995

  • TCW Acquires Crescent Capital, Establishing West Los Angeles Leveraged Finance Group
  • TCW Launches First Taiwan Private Equity Fund

1994

  • Number of TCW Clients Tops 1,000
  • TCW Launches Mid-Cap Growth Strategy 

1993

  • TCW Acquires Dillon Read Intl. Asset Management, Opens Offices in London and Hong Kong
  • TCW Fund “I” Shares Launched

1992

  • TCW AUM: $35 billion
  • TCW Forms Mutual Fund Alliance with Dean Witter 

1991

  • TCW Headquarters Moves to Current Location at 865 S. Figueroa Street, Downtown Los Angeles

1990

  • TCW Acquires DBL Americas Development Inc, Now Known as TCW Worldwide Opportunities, in First Emerging Markets Venture

 

1980-1989

1989

  • TCW Establishes Separate Mortgage-Backed Securities Group

1988

  • TCW AUM: $13 billion
  • TCW establishes First Offshore Fund 

1987

  • TCW Teams up with Cursitor-Eaton to Manage Global Asset-Allocation Portfolios 
  • TCW Convertible Securities Fund (CVT) Launched

1986

  • TCW Opens San Francisco Office
  • TCW Launches First Cogeneration Fund

1985

  • TCW AUM: $9.2 billion
  • TCW Introduces First High Yield Bond Product

1984

  • Small Cap Growth Product Established

1983

  • TCW Headquarters Moves to 400 S. Hope Street, Downtown Los Angeles

1982

  • TCW AUM: $4.5 billion
  • Energy Group Launches Debt & Royalty Fund I

1981

  • TCW Realty Advisors Formed
  • Dr. Henry A. Kissinger Joins TCW Board of Directors

1980

  • TCW AUM: $3.2 billion
  • Number of TCW Clients Tops 100

 

1971-1979

1979

  • TCW Opens New York office at 200 Park Avenue

1978

  • Private Client Services Group Established for High Net Worth Investors

1977

  • TCW Headquarters Moves to 800 W. Sixth Street, Downtown Los Angeles

1976

  • TCW Launches Dedicated Convertible Securities Product

1975

  • TCW AUM: $568 million
  • TCW Adds 11 New Accounts; 57 Total Clients at Year End

1974

  • TCW Merges with Shareholders Asset Management Company

1973

  • At June 30, the End of our First Fiscal Year, TCW had Five Clients

1972

  • TCW AUM: $16 million
  • On January 31, TCW Became the Third Independent Trust Company in the State of California

1971

  • Trust Company of the West Founded by Robert A. Day