PineBridge Investments, a private, global asset manager, today announced the appointment of Michael Karpik as Chief Operating Officer. Mr. Karpik will be directly responsible for the firm’s global operations, finance, compliance, risk management, product management, funds, and technology functions. Mr. Karpik will be based in PineBridge’s New York City headquarters and will report to CEO Gregory Ehret.
“Mike’s skill set and experience are a great fit for PineBridge,” said Mr. Ehret. “As we continue to grow and evolve as a firm, we are focused on having a strong and scalable operational infrastructure that keeps pace with our progress, anticipates our clients’ needs, and addresses the challenges ahead.”
Mr. Karpik brings 30 years of industry experience, most recently as EMEA CEO for State Street Global Advisors (SSGA), where he had overall responsibility for their investment management business in the region. Additionally, Mr. Karpik served in Chairman and CEO roles across their UK, France, and Ireland entities and has significant investment, fund product, and governance experience. He also held roles in Europe as Head of Investments; Chief Operating Officer; Head of UK, Ireland, and Middle East; Global Head of Cash Investments; and EMEA Head of Cash Investments. Prior to SSGA, he was at Sallie Mae in Washington, DC, as Senior Funding Manager.
“I’m thrilled to be joining PineBridge in this role,” said Mr. Karpik. “PineBridge is extremely well-positioned with a great selection of investment capabilities, a global distribution platform, and a company culture that is clearly focused on delivering for its clients.”
Mr. Karpik has a BS in Finance and Economics from Gannon University and is a CFA Charterholder.