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GoldenTree Asset Management Announces Kathy Sutherland as the Firm’s First Chief Executive Officer (CEO)

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NEW YORK–(BUSINESS WIRE)–GoldenTree Asset Management (“GoldenTree”) today announced that Kathy Sutherland has been appointed as the company’s first Managing Director. GoldenTree is a global asset management firm, with over $47 billion in assets under management, founded 22 years ago by Steve Tananbaum, Managing Partner and Chief Investment Officer.

Tananbaum said: “Our business continues to grow in complexity with our expansion into credit markets, most recently into private credit. As we grow, the best way for us to serve our customers is to have a core group that works closely with me as I continue my current role as Managing Partner and CIO. Tananbaum added: “Kathy Sutherland has been close to our global clients and our investment philosophy for over a decade and I look forward to working with her for many years to come.

Sutherland will report to Tananbaum, whose role will remain unchanged. He will continue to be responsible for managing the investment team in his capacity as chief investment officer and will continue to oversee the firm’s executive committee, a group of the firm’s most experienced associates who have worked together for many years. many years. Sutherland will be responsible for GoldenTree’s overall strategy, product and business development, and long-term planning. Sutherland will continue to be a partner and a member of the firm’s executive committee.

Sutherland said that “It has been incredibly rewarding to help grow GoldenTree over the past 14 years, helping to develop industry leading products that have delivered first quartile performance for our customers. We have taken important steps in recent years, including the issuance of a private placement with the management company, which has allowed us to invest more in the development of new products. Sutherland added: “As the market landscape changes, the role of credit markets will become increasingly important to investors. I am honored by Steve’s confidence in me and look forward to working closely with Steve and the Executive Committee to help further develop GoldenTree and continue to drive value for our customers around the world.

Sutherland was instrumental in the growth of the business. Prior to this appointment, she had been a Partner since joining GoldenTree in 2008 and Head of Business Development and Strategy since 2019. She joined GoldenTree as Head of European Business Development, before adding operations responsibility for society in the Middle East and Asia. Since June 2014, Sutherland has been a member of the executive committee of GoldenTree and, from 2014 to 2019, was responsible for business development. Prior to joining GoldenTree, Sutherland spent 12 years at JP Morgan, where he eventually served as Managing Director.

About GoldenTree Asset Management

GoldenTree is a 100% employee-owned global asset management firm that specializes in opportunities across the credit universe in sectors such as high yield bonds, leveraged loans, credit Private Equity, Distressed Debt, Structured Products, Emerging Markets, Private Equity and Credit. shares. GoldenTree was founded in 2000 by Steve Tananbaum and is one of the world’s largest independent credit asset managers. GoldenTree manages over $47 billion on behalf of institutional investors, including public and corporate pension plans, endowments, foundations, insurance companies and sovereign wealth funds. GoldenTree has over 270 employees, with offices in New York, West Palm Beach, Charlotte, London, Dublin, Singapore, Sydney and Tokyo. For more information, please visit www.goldentree.com.

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