David DeVito Named CEO of TCW Branded Mutual Funds and TCW Strategic Income Fund

TCW Press Release

January 07, 2014

LOS ANGELES – January 7, 2014 – The TCW Group, a global asset management firm, today announced that David DeVito has been named President and Chief Executive Officer of the TCW branded mutual funds and the TCW Strategic Income Fund (TSI).

DeVito, a 20 year veteran of TCW, currently serves as the Chief Operating Officer (COO) for the global firm and has been an officer of the TCW Mutual Funds for the past 12 years.  He has also served as a Director for TSI.  DeVito will continue in his role as global firm COO in addition to his responsibility of leading the TCW mutual funds and TSI.

“Through his many years with the firm, David has developed a deep understanding of our TCW mutual funds and maintains strong relationships with the various fund managers,” said David Lippman, Chief Executive Officer of TCW.  “David is a tremendous asset to TCW, and I have every confidence that his experience and knowledge of the funds will lead to continued growth and success.” 

About the TCW Group
Founded in 1971, The TCW Group, Inc. develops and manages a broad range of innovative, value-added investment products that strive to enhance and protect clients’ wealth, with over $130 billion in assets under management.  TCW clients include many of the largest corporate and public pension plans, financial institutions, endowments and foundations in the U.S., as well as a substantial number of foreign investors and high net worth individuals.  For more information, please visit www.tcw.com.

TCW Media Contact:
Doug Morris
Head of Corporate Marketing and Communications
Tel: +1-213-244-0509
Email: douglas.morris@tcw.com