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Natixis Global Asset Management Acquires McDonnell Investment Management, LLC

  Natixis Global Asset Management Acquires McDonnell Investment Management,
  LLC

Expands the company’s offering for investors seeking exposure to core fixed
income and municipal bond products; plans to launch new municipal bond product
in early 2013

Business Wire

BOSTON -- October 16, 2012

Natixis Global Asset Management (NGAM) announced today that it has reached an
agreement to acquire McDonnell Investment Management, LLC (McDonnell).
McDonnell is an Oak Brook, Illinois-based investment advisor with
approximately $13.5 billion in assets under management (September 30, 2012)
for institutions and individuals. As a new NGAM affiliate, McDonnell expands
the product range distributed through NGAM’s global distribution network. NGAM
expects to launch a new municipal bond product in early 2013.

“Bringing McDonnell’s fixed income and municipal bond expertise into the NGAM
family is a positive step toward fulfilling a critical need for clients who
are focused on durable portfolio construction,” said Pierre Servant, chief
executive officer, Natixis Global Asset Management. “McDonnell has
consistently demonstrated the entrepreneurial spirit, innovation and solid
performance that are all hallmarks of our family of affiliates. The firm has
attained success in increasing assets under management in a controlled fashion
across all business channels by focusing on the needs of its clients.”

McDonnell is a registered investment advisor providing investment management
services to institutions, private clients and mutual fund companies. The firm
is known for its expertise and specialization in fixed income investment
management, offering customized portfolio solutions employing investment grade
taxable and tax-exempt strategies to a geographically diversified client base
through investment management consultants and participation on separately
managed account platforms. Client portfolio mandates encompass a breadth of
fixed income strategies including municipal bond, core bond, limited duration,
multi-sector and liability targeted benchmarks. In addition to separate
account portfolios, the firm sub-advises three municipal bond funds and offers
one private investment fund with an international bond mandate.

"We are very pleased to be affiliated with a global financial organization of
this size and stature," said Edward A. Treichel, President and CEO at
McDonnell. "With this partnership, McDonnell gains greater access to the
capital required to continue to serve our clients, build our business and to
pursue new product opportunities. We will also have access to a broader
distribution base and enhanced growth potential as a result of this
affiliation."

In keeping with the NGAM multi-affiliate business model, McDonnell will
continue to operate autonomously with no change in management or professional
staff. The existing team of investment professionals will continue to pursue
the same investment philosophy and employ the same investment process on
behalf of clients, and the firm will continue to market these investment
services through existing distribution channels. McDonnell will also retain
its brand name and its suburban Chicago headquarters. Transaction terms were
not disclosed.

About Natixis Global Asset Management, S.A.

Natixis Global Asset Management, S.A. is one of the 15 largest asset managers
in the world based on assets under management.^1 Its affiliated asset
management companies provide investment products that seek to enhance and
protect the wealth and retirement assets of both institutional and individual
investor clients. Its proprietary distribution network helps package and
deliver its affiliates’ products around the world. Natixis Global Asset
Management, S.A. brings together the expertise of multiple specialized
investment managers based in Europe, the United States and Asia to offer a
wide spectrum of equity, fixed-income and alternative investment strategies.

Headquartered in Paris and Boston, Natixis Global Asset Management, S.A.’s
assets under management totaled $711 billion (€560 billion) as of June 30,
2012.^2 Natixis Global Asset Management, S.A. is part of Natixis. Listed on
the Paris Stock Exchange, Natixis is a subsidiary of BPCE, the second-largest
banking group in France. Natixis Global Asset Management, S.A.’s affiliated
investment management firms and distribution and service groups include:
Absolute Asia Asset Management; AEW Capital Management; AEW Europe;
AlphaSimplex Group; Aurora Investment Management; Capital Growth Management;
Caspian Private Equity; Darius Capital Partners; Gateway Investment Advisers;
H2O Asset Management; Hansberger Global Investors; Harris Associates; IDFC
Asset Management Company; Loomis, Sayles & Company; Natixis Asset Management;
Natixis Multimanager; Ossiam; Reich & Tang Asset Management; Snyder Capital
Management; and Vaughan Nelson Investment Management.

About McDonnell Investment Management, LLC

McDonnell was founded as a 100% employee owned company and SEC registered
investment adviser on November 1, 2001 by former employees of Van Kampen
Management Inc. (“VKMI”). Dennis McDonnell, Chairman, and Edward Treichel had
originally begun assembling the fixed income talent in 1987 while at VKMI,
growing the team for over a decade until they acquired the business from Van
Kampen Investments Inc. McDonnell manages several investment disciplines for
portfolios of taxable securities (U.S. government & agency bonds, structured
securities and corporate bonds) and municipal bonds. McDonnell is known for
its experienced portfolio management professionals, highly regarded credit
research resources and responsive client service capabilities. More
information is available at www.mcdonnellinvestments.com.

^1 Cerulli Quantitative Update: Global Markets 2012 ranked Natixis Global
Asset Management, S.A. as the 13^th largest asset manager in the world based
on assets under management as of December 31, 2011.

^2 Assets under management (AUM) may include assets for which non-regulatory
AUM services are provided. Non-regulatory AUM includes assets which do not
fall within the SEC’s definition of ‘regulatory AUM’ in Form ADV, Part 1.

                                                                        568904

Contact:

Natixis Global Asset Management
Boston
David Snowden, 617-866-0950
david.snowden@ngam.natixis.com
or
McDonnell Investment Management, LLC
New York
MacMillan Communications
Michael MacMillan, 212-473-4442
mike@macmillancom.com
 
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