This article appears courtesy of Global Investor.
TEAM ASSET Management oversees the $55 billion General Electric Pension Trust defined benefit plan, as well as the company’s $24 billion of insurance assets, and $15 billion of employee accounts. Not only is GEAM one of the few sponsors to oversee its own portfolio day to day, it also manages over $100 billion for clients outside the firm, including insurance companies and institutional and retail investors, making total assets $199 billion at year end 2006.
“In my first seven years, I worked in financial areas at GE International and GE Corporate,” said Ron Pressman, CEO?of GEAM.
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