- With Photo

LONDON, Feb. 4, 2013 /PRNewswire/ -- Payden & Rygel, one of the largest privately-held investment managers, today announced that Mark Stanley has joined the firm's London office as portfolio director. In this new role, Stanley, who has extensive experience in the institutional investment industry, is responsible for business development and client relationship management in the United Kingdom and Continental Europe, focusing on insurers, pension funds and consultants. He reports to Robin Creswell, managing principal and head of the London office.

(Photo: http://photos.prnewswire.com/prnh/20130204/LA53235)

Mark Stanley brings 29 years of experience in the institutional investment management industry to the firm. Prior to joining Payden & Rygel, Stanley was a partner at Mercer where he focused on fiduciary management. Before joining Mercer, he held senior positions at asset management firms including Wellington Management and Threadneedle Asset Management.

"We are very fortunate to have an investment professional of Mark's caliber join our firm," said Mr. Creswell. "His broad experience and reputation in the industry will help us continue to serve our clients' best interests and will be a tremendous asset as we continue to grow our business."

Stanley commented, "Payden & Rygel's client-focused culture and independence are a distinct competitive advantage; I'm excited about the opportunity to be part of the team."

Payden & Rygel Global Limited, a wholly-owned subsidiary of Payden & Rygel, was established in London in 1999 and provides a full-range of investment services to clients in Europe and the United Kingdom.

Contact DAI Partners with inquires: Annette Bronkesh, New York: +1 973 778 8648.
For Payden & Rygel public relations, contact Kimberly Tipton at +1 213 830 6621 or ktipton@payden.com .

About Payden & Rygel

Payden & Rygel (payden.com) is one of the largest independently-owned global investment management firms with more than $82 billion in assets under management. Since 1983, the firm has advised corporations, insurers, foundations, endowments, pension funds, public plans and individual investors on their overall investment strategies. Payden & Rygel offers a full array of investment strategies and products, including US and global fixed-income and equity as well as absolute return strategies. Headquartered in Los Angeles, with offices in Boston, London, Dublin, Frankfurt and Beijing, Payden & Rygel is advisor to the Payden family of US-based mutual funds and to the firm's Irish-domiciled funds.

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SOURCE Payden & Rygel