Jennison Associates, an active equities and fixed income manager with USD241 billion in assets under management, has hired Guillaume Mascotto as managing director, head of Environmental, Social & Governance (ESG) strategy.
Mascotto is based in New York and will report to Peter Clark, head of product and strategy, effective immediately. Jennison is an affiliate manager of PGIM, the global asset management business of Prudential Financial, Inc and one of the world’s top 10 asset managers with more than USD1.5 trillion in assets under management.
In this newly created position, Mascotto will play a key role in setting the strategic direction and daily management of Jennison’s ESG activities, including research and integration of environmental stewardship, social responsibility, and corporate governance. In partnership with colleagues across the firm and external industry groups, Mascotto will promote ESG best practices, drive ESG reporting efforts, and seek to ensure a fully supported ESG system and infrastructure to meet client needs.
Mascotto has over a decade of ESG-related experience, most recently as vice president, head of ESG and investment stewardship for American Century Investments, where he was responsible for leading the firm’s ESG investment research and stewardship efforts.
“The new head of ESG will help us address the growing importance of ESG to our clients, our employees, and all of Jennison’s stakeholders,” says Peter Clark. “Guillaume will bring strategic oversight, transparency, and accountability to our ESG efforts, from the role it plays in our fundamental, bottom-up analysis to new product development. We’re thrilled that Guillaume has joined the Jennison team and, with his extensive ESG experience, we view him as the right person to spearhead our ongoing efforts in this space.”
Prior to American Century Investments, Mascotto was vice president, ESG credit research and portfolio management at Pacific Investment Management Company (PIMCO), and a senior ESG research analyst at MSCI. Mascotto earned a bachelor’s degree and a master’s degree in international affairs from the University of Quebec at Montreal. He also holds a master’s degree in international business and economics from The Fletcher School at Tufts University. Jennison is a signatory to the Principles for Responsible Investment.
