Win Neuger

Who is Win Neuger?

Win Jay Neuger was the Chief Executive Officer, Chairman, and Director at AIG Global Investment Corp and then CEO of Pinebridge Investments. In March 2010, with the support of Neuger and his team, AIG sold its Global Investment Corporation renamed PineBridge Investments with Neuger as CEO to Bridge Partners. Bridge Partners, in turn, belongs to Pacific Century Group, an Asia-based investment firm, established by Richard Li.

Neuger is the son of a public relations executive and grew up in the middle-class Minneapolis suburb of Edina. Neuger received an M.B.A. from Dartmouth’s Amos Tuck Graduate School of Business and an A.B. from Dartmouth College. He then went to work for Northwestern National Bank and eventually ran the fixed income business. Then in 1982, he left to be the chief investment officer at Western Asset Management. In 1984, he moved to Banker's Trust on a "rescue mission as BT was bleeding assets as a result of poor performance." Neuger eventually went on to run fixed income and equities and then moved into new areas such as structured products.

In 1995, he joined AIG, where he came to oversee its global investment portfolio and "to bring AIG's far-flung investment organizations under one roof and build a money manager for outside clients using the same infrastructure." "Formally launched in 2001, AIG Investments highlighting its services as 'investor to investor', meaning that clients would be investing alongside one of the world's preeminent insurance companies.". "Neuger built a profitable and innovative investment business" ... "that attracted clients from around the world." In seven years, Neuger had grown AIG Investments into a company with $753 billion of assets, of which $128 billion was outside clients. Neuger focused on building the alternative business of hedge funds and private equity both in developed markets and emerging markets into an alternative business of $46 billion and $23 billion of real estate. The company had 45 asset management offices around the world, spanning Asia, Latin America, Africa, Europe and USA. The local "on-the ground" presence in global markets gave the company a substantial competitive advantage in attracting assets and large institutional investors.