Company Press Release

Lord Abbett Names Nine New Partners

Appointments Reflect Firm’s Continued Focus on Growth

JERSEY CITY, N.J. — Lord, Abbett & Co. LLC ("Lord Abbett"), an independent, privately held investment management firm, today announced the appointment of nine new Partners. As one of the oldest money management firms in the United States, Lord Abbett has been managing equity and fixed-income products for more than 80 years, and currently manages more than $126.1 billion (as of September 30, 2012) across a full range of mutual funds, institutional, and individually managed accounts.

“As Partners, their leadership will help guide the strategic growth of the firm and contribute toward our legacy as stewards of our clients' assets.”

Over the last several years, the organization has experienced continued growth & success due to the firm’s singular focus on money management and dedication to putting the interests of clients first. The firm is committed to delivering a quality investment experience by providing competitive investment performance across a diversified range of investment offerings and superior client service. The firm is pleased to recognize these individuals for their significant involvement and participation in advancing this objective.

"We recognize these individuals for their valuable contribution to the firm," said Daria L. Foster, Lord Abbett Managing Partner. "As Partners, their leadership will help guide the strategic growth of the firm and contribute toward our legacy as stewards of our clients' assets."

2012 Lord Abbett Partner Appointments:

Christoph H. Kuehne—Director of Investment Operations;

Steven L. Raimer—Director of Due Diligence;

Dain Reeves, CIMA—Regional Manager, Private Wealth Group;

Dale M. Sang—Director of Investment Technology;

James J. Sansevero—Director of Brand Management;

Leah G. Traub, Ph.D.—Director of Currency Management, Investments;

Daniel T. Vande Velde—Portfolio Manager, Investments;

Arthur K. Weise, CFA—Portfolio Manager, Investments; and

Kewjin Yuoh—Portfolio Manager, Investments;  

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