SLC Management Appoints President of Fixed Income Business

Rhea-AI Summary

SLC Management has appointed Tom Murphy as the President of SLC Fixed Income, effective immediately. Murphy, previously Head of Institutional Business, brings over 20 years of experience from Mercer. SLC Management currently oversees C$188B (USD $141B) in fixed income assets and is experiencing significant growth in this sector. The firm aims to enhance client value and expand its range of solutions under Murphy's leadership. The appointment comes at a time of strong demand for fixed income products.

Positive

• Tom Murphy's appointment could lead to strengthened leadership and innovative solutions in the fixed income sector.
• SLC Management reported C$188B in assets in fixed income, indicating strong growth potential.

Negative

• None.

Record net inflows and increased client AUM demonstrate continued demand for fixed income solutions

WELLESLEY, MA and TORONTO, April 26, 2022 /PRNewswire/ - SLC Management, the C$347B (USD $274B) institutional fixed income and alternatives asset manager, is pleased to announce that Tom Murphy, Head of Institutional Business, SLC Management, has been appointed to President, SLC Fixed Income, effective immediately. In addition to his current responsibilities, Mr. Murphy will now formally lead the firm's growing fixed income business.

"The SLC Management fixed income business has experienced very strong growth over recent years," said Steve Peacher, President, SLC Management. "Today, we have C$188B (USD $141B) in assets across investment grade public and private credit markets, and I know that under Tom's strategic leadership, we are well positioned for further growth as we continue to enhance the value we bring to our clients and expand our range of fixed income solutions."

SLC Fixed Income's suite of capabilities includes structured credit, corporates, liability driven investment solutions, investment grade public and private credit, and multi-asset credit solutions. The business has over 500 employees dedicated to servicing clients.

"Since joining SLC Management in 2018, I have spent the majority of my time focused on our clients and our people," said Tom Murphy, President, SLC Fixed Income. "The plan is to continue doing just that while bringing new, innovative solutions to the marketplace and further deepening our client relationships."

Tom joined SLC Management in 2018 with over 20 years of experience at Mercer where he held the position of Senior Partner. His portfolio of work includes numerous leadership positions at Mercer including heading the U.S. Wealth Business, U.S. Defined Contribution and Financial Wellness Business, and U.S. and European OCIO Businesses. During his time with Mercer, he worked in Ireland, the UK and the U.S. and served on their Irish, UK, European, North American and Global Executive Investment Leadership teams. 

Tom graduated from University College Dublin with a degree in Economics and Statistics and subsequently qualified as a Fellow of the Institute of Actuaries. Tom also has an MBA from the Smurfit School of Business, Dublin Ireland. 

About SLC Management

SLC Management is a global institutional asset manager that offers institutional investors traditional, alternative and yield-orientated investment solutions across public and private fixed income markets, as well as global real estate equity and debt. SLC Management is the brand name for the institutional asset management business of Sun Life Financial Inc. ("Sun Life") under which Sun Life Capital Management (U.S.) LLC in the United States, and Sun Life Capital Management (Canada) Inc. in Canada operate.

BentallGreenOak, InfraRed Capital Partners (InfraRed) and Crescent Capital Group (Crescent) are also part of SLC Management. BentallGreenOak is a leading, global real estate investment management advisor and a globally recognized provider of real estate services. InfraRed is an international investment manager focused on infrastructure, managing equity capital in multiple private and listed funds, primarily for institutional investors across the globe. Crescent Capital Group is a global alternative credit investment asset manager registered with the U.S. Securities and Exchange Commission as an investment adviser. Crescent provides private credit financing (including senior, unitranche and junior debt) to middle-market companies in the U.S. and Europe, and invests in high-yield bonds and broadly syndicated loans.

As of December 31, 2021, SLC Management has assets under management of C$347 billion (US$274 billion).

For more information, please visit slcmanagement.com 

Media Relations Contact
Hannah Stewart
Associate Director, Media Relations, SLC Management
416-557-4428
hannah.stewart@slcmanagement.com 

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SOURCE SLC Management

FAQ

What is the significance of Tom Murphy's appointment as President of SLC Fixed Income?

Tom Murphy's appointment is significant as it positions a seasoned leader to drive further growth and innovation in SLC Management's fixed income business, which currently manages C$188B.

When was Tom Murphy appointed President of SLC Fixed Income?

Tom Murphy was appointed President of SLC Fixed Income effective immediately on April 26, 2022.

What are the expected outcomes of Tom Murphy's leadership at SLC Fixed Income?

Under Tom Murphy's leadership, SLC Fixed Income is expected to enhance client relationships and introduce innovative investment solutions, leveraging his extensive experience.

How much does SLC Management currently manage in fixed income assets?

SLC Management currently manages C$188B (USD $141B) in fixed income assets.