GE Asset Management Adds to Institutional Sales Team

November 18, 2008 ( - GE Asset Management Incorporated (GEAM) on Tuesday announced several additions to its institutional sales team, expanding the firm's presence in both the public and corporate plan markets.

Paul Eisenhardt, CIMA, joined GEAM earlier this year as a Senior Vice President, Public Funds, responsible for large public plan sales in the Eastern U.S. In this role, he partners with Kevin O’Connor, who has transitioned within the firm to join GEAM’s institutional sales team as a Vice President, also with responsibility for public plans in the Eastern region, according to a GEAM announcement.

Chris Mullahy has joined the firm as a Senior Vice President, Corporate Plans, responsible for institutional sales to the corporate marketplace in the Northeastern U.S. Mullahy is one of GEAM’s six regional institutional sales team members focused on the corporate marketplace in the U.S., the announcement said.

All three new positions report to Bret Young, Senior Vice President and U.S. Sales Leader.

Eisenhardt was previously a Principal with State Street Global Advisors, where he was responsible for the sale of separate accounts, mutual funds, and ETFs. Earlier in his career, he was a Regional Vice President with Mellon/Dreyfus, with responsibilities for the sale of separate accounts and investment only retirement plans in the broker/dealer, bank, and financial planner channels. He has also held roles with Alliance Benefit Group, Pension & Estate Planners, and BISYS Qualified Plan Services.

O’Connor previously was GEAM’s Director of Enterprise Sales, leading the firm’s national cross-sell effort with other GE businesses. O’Connor has worked for GE since 1998. Before joining GEAM, he spent several years at GE Commercial Finance and GE Energy in commercial sales and marketing roles.

Mullahy was previously with UBS Global Asset Management, where he was Executive Director – Head of Defined Contribution Sales. At UBS he was responsible for representing the firm in investment only opportunities with plan sponsors with over $1 billion in assets. Previously, he was Senior Vice President and Director of Sales for the Institutional Solutions Group of IXIS, where he managed a team of eight sales professionals and two client service specialists calling on the defined contribution investment only and sub-advisory / VA markets.

GEAM is a global asset manager wholly owned by General Electric Company and, along with its subsidiaries, manages approximately $135 billion (as of September 30, 2008) in total assets.