Harms will lead investor relations and
build upon Aegon AM's 35+ year track record in LIHTC
CEDAR
RAPIDS, Iowa, May 24, 2024
/PRNewswire/ -- Aegon Asset Management (Aegon AM)
announced that affordable housing veteran Luke Harms has joined its Real Assets US
Low-Income Housing Tax Credits (LIHTC) team as Senior Director,
LIHTC Investor Relations. Harms is responsible for capital raising,
as well as growing and managing investor relationships. Prior to
joining Aegon AM, Harms was at Nationwide for over 18 years,
where he led the firm's LIHTC fund management, investor relations,
and asset management teams.
"Since 1987, Aegon AM's Real Assets LIHTC business has
deployed over $5 billion in tax
credit equity and helped develop over 137,000 units of affordable
housing," said Karen Panariello,
Head of LIHTC Investments. "We have a robust and highly experienced
team, and with the addition of Luke, we now have 32 professionals
in the tax credit group. Luke will work closely with me and his
colleagues to continue building our LIHTC portfolio on behalf of
our institutional non-affiliated clients and insurance company
affiliates."
"I'm very excited to join a firm that has been active in
the LIHTC business since 1987," added Harms. "I see this as a
great opportunity for me to build upon my experience while helping
grow LIHTC investor relations and support our client
base."
Harms holds a BA degree in Economics from Ohio State University and is also the current
Treasurer of the Affordable Housing Investors Council (AHIC).
About Aegon Asset Management
Aegon Asset Management is comprised of active global investors.
Our approximately 385 investment professionals manage and advise on
assets of $337 billion for a global
client-base of pension plans, public funds, insurance companies,
banks, wealth managers, family offices and foundations (as of
March 31, 2024).
We organize our investment capabilities around four focused
investment platforms where we have extensive asset-class expertise:
Fixed Income, Real Assets, Equities and Multi-Asset &
Solutions. Each platform has dedicated teams and is committed to
maximizing their specialist areas.
Across platforms, we share a common belief in fundamental,
research-driven active management, underpinned by effective risk
management. Our investment platforms have the flexibility to
organize their resources and processes to best suit their area of
focus.
We are a global business: Our approximately 1,160 employees work
across Europe, the Americas and
Asia. We invest globally and serve
clients locally. For more information about Aegon Asset
Management, visit www.aegonam.com.
Disclosures
Data as of March
31, 2024.
This material is provided by Aegon Asset Management (Aegon AM)
as general information and is intended exclusively for
institutional and wholesale investors, as well as professional
clients (as defined by local laws and regulation) and other Aegon
AM stakeholders. This document is for informational purposes only
in connection with the marketing and advertising of products and
services, and is not investment research, advice or a
recommendation. It shall not constitute an offer to sell or the
solicitation to buy any investment nor shall any offer of products
or services be made to any person in any jurisdiction where
unlawful or unauthorized. All investments contain risk and may lose
value. Any opinions, estimates, or forecasts expressed are the
current views of the author(s) at the time of publication and are
subject to change without notice.
This document may contain "forward-looking statements" which are
based on Aegon AM's beliefs, as well as on a number of assumptions
concerning future events, based on information currently available.
These statements involve certain risks, uncertainties and
assumptions which are difficult to predict. No guarantee is being
made that stated outcomes will be achieved.
The following Aegon affiliates are collectively referred to
herein as Aegon Asset Management: Aegon USA Investment Management, LLC (Aegon AM US),
Aegon USA Realty Advisors, LLC
(Aegon RA), Aegon Asset Management UK plc (Aegon AM UK), and Aegon
Investment Management B.V. (Aegon AM NL). Each of these Aegon Asset
Management entities is a wholly owned subsidiary of Aegon
Ltd.
Aegon AM UK is authorised and regulated by the Financial Conduct
Authority (FRN: 144267) and is additionally a registered investment
adviser with the United States
(US) Securities and Exchange Commission (SEC). Aegon AM US and
Aegon RA are both US SEC registered investment advisers. Aegon AM
NL is registered with the Netherlands Authority for the Financial
Markets as a licensed fund management company and on the basis of
its fund management license is also authorized to provide
individual portfolio management and advisory services in certain
jurisdictions. Aegon AM NL has also entered into a participating
affiliate arrangement with Aegon AM US.
©2024 Aegon Asset Management or its affiliates. All rights
reserved.
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SOURCE Aegon Asset Management