Garrett Thornburg is a recognized leader in innovative, actively managed, disciplined investment strategies and is chairman of Thornburg Investment Management, Inc., which he founded in 1982. Headquartered in Santa Fe, New Mexico, Thornburg Investment Management is an employee-owned investment firm that manages eight equity mutual funds, one alternative mutual fund, and 11 fixed-income funds for individual and institutional clients.
Before forming Thornburg Investment Management, Mr. Thornburg was a limited partner of Bear, Stearns & Co. and a founding member of that firm’s public finance department. He was also chief financial officer of New York State’s Urban Development Corporation, and served as financial advisor to the State of New Mexico’s Board of Finance.
He is a member of the Board of Governors of the Investment Company Institute and serves on the Board of Directors of the New Mexico School for the Arts – Art Institute. He is also chairman of the Thornburg Foundation and personally leads the company’s philanthropic efforts. Active in New Mexico philanthropy, in 2010 he received the Philanthropist of the Year award from the Journal Santa Fe, and in 2013 he was awarded the New Mexico Distinguished Public Service Lifetime Achievement Award. He is a former board member of the National Dance Institute of New Mexico, the Santa Fe Institute, and the Santa Fe Community Foundation. Mr. Thornburg received his BA from Williams College and his MBA from Harvard University.
President and CEO
Jason Brady is president and CEO of Thornburg Investment Management. He is responsible for the company’s overall strategy and direction. He is also the head of the firm’s global fixed income investment team and a portfolio manager on multiple strategies. He joined the firm in 2006, was made portfolio manager and managing director in 2007, and president and CEO in 2016. His book Income Investing: An Intelligent Approach to Profiting from Bonds, Stocks and Money Markets is a step-by-step guide to income investing.
Jason holds a BA with honors in English and environmental biology from Dartmouth College, and an MBA with concentrations in analytical finance and accounting from Northwestern’s Kellogg Graduate School of Management. He is a CFA charterholder. Prior to joining Thornburg, Jason was a portfolio manager with Fortis Investments in Boston, and has held various positions at Fidelity Investments and Lehman Brothers.
Chief Investment Officer and Managing Director
As chief investment officer, Brian McMahon is responsible for Thornburg Investment Management’s overall investment activity. He also co-manages Thornburg’s global equity portfolios.
Brian served as president of the firm from 1997 to 2015 and CEO from 2008 to 2015 and was promoted to vice chairman in 2016. He managed Thornburg’s laddered bond portfolios from their inceptions from 1984 until 2000 and remains actively involved in securities analysis for various Thornburg managed portfolios.
Brian holds an MBA from Tuck School of Business at Dartmouth College and a BA in economics and Russian studies from the University of Virginia. After receiving his MBA, Brian joined Norwest Bank in 1979, and held various corporate finance positions before joining Thornburg Investment Management as chief investment officer in 1984.
Head of Global Distribution
William Mac “Carter” Sims is head of global distribution for Thornburg Investment Management. He is responsible for leading the sales and distribution efforts across the company’s institutional, intermediary, and international lines of business.
Prior to joining Thornburg, Carter was the head of U.S. intermediary distribution at Schroder Investment Management, North America, where he lead the business strategy for all functional teams including sales, key accounts, and marketing. Additionally, Carter oversaw all marketing and communications across the intermediary, institutional, and consultant relations channels.
Over Carter’s extensive career, he has also held senior leadership positions at several firms including, Columbia Asset Management, Bank of America, Gartmore Global Partners, Fidelity Investments, and PNC Bank.
Carter received a BS in finance from Boston College and holds the FINRA Series 24, 26, 7, 6, and 63 registrations. He also completed the Securities Industry Institute Leadership program at Penn’s Wharton School. Additional training includes SPIN Selling, Conceptual Selling, and IMPACT Performance Leadership and Negotiation.
Carter currently serves as a member of the Malvern Prep Endowment Board and fundraises for GESU School.
Chief Marketing Officer and Managing Director
Leigh Moiola is chief marketing officer of Thornburg Investment Management. She joined Thornburg in 1991 as a marketing associate and was promoted to vice president in 1997. She was then appointed to marketing director in 1999 and chief marketing officer in 2018. As chief marketing officer, Leigh oversees the planning, formulation, and execution of all marketing operations and initiatives as well as development and implementation of the overall strategy and vision.
Leigh holds a BS in journalism from Virginia Commonwealth University and an MBA from the University of Phoenix. She is currently registered with FINRA with a Series 7, 63, and 24.
Chief Financial Officer and Managing Director
Nimish Bhatt is chief financial officer of Thornburg Investment Management, responsible for corporate finance, tax, fund accounting, and fund administration. He has over 30 years of progressive experience in strategy, leveraged finance, equity issuance, mergers and acquisitions, operations, technology, accounting, administration, and tax-related matters in the global investment management industry.
Before joining Thornburg, Nimish served as senior vice president and chief financial officer of Calamos Asset Management, Inc. During his tenure at Calamos, he was also responsible for fund administration, operations, and information technology. Previously, he served in various capacities for The BISYS Group, Inc., Evergreen Asset Management Corp., PricewaterhouseCoopers LLP, Ernst & Young LLP, and KPMG.
He serves as a member of board of directors of Thornburg Global Investment plc (Ireland), New Mexico Museum of Natural History Foundation, Greater Albuquerque Chamber of Commerce, Goldvest Financial Services Pvt. Ltd. (India), and Share My Fortune, Inc. He was a member of the board of directors of Calamos Global Funds plc (Ireland), Illinois Chamber of Commerce, and Indian Prairie Education Foundation. He also served as chairman of the board of directors of NICSA and is a member of the Investment Company Institute’s Accounting/Treasurers committee. Nimish has a bachelor’s degree with a major in advanced accounting and auditing and a post-graduate law degree from India’s Gujarat University. He also has a master of business administration from Ohio State University’s Fisher College of Business and is a graduate of Advanced Management Program from The Wharton School of Business at the University of Pennsylvania. He is currently registered with FINRA with a Series 27 and 99.
Chief Administrative Officer and Managing Director
Randy Dry is chief administrative officer for Thornburg Investment Management, Inc. He joined Thornburg in 2001 as an associate portfolio manager, was promoted to director of separate accounts in 2002, director of the institutional group in 2014, and chief administrative officer in 2016. As chief administrative officer, Randy is responsible for oversight of the firm’s administration, operations, technology, and data-management functions.
Randy started his financial career in 1997 at Davis Advisors in Santa Fe, where he helped Davis develop and launch its managed accounts business. He earned a BBA in finance from the University of New Mexico’s Anderson School of Management. Randy is currently registered with FINRA with a Series 7, 24, 63, 65, and 99.
Managing Director and Head of Strategic Development
Erin is head of strategic development for Thornburg Investment Management, leading corporate and product development initiatives across the firm. She has extensive investment and management experience, including with large and small asset management firms and most recently the financial technology industry.
Prior to joining Thornburg, Erin was chief investment officer for C2FO, a Kansas City–based financial technology company focusing on supply-chain finance solutions. She developed private investment solutions to provide working capital liquidity to small businesses, utilizing C2FO’s proprietary technology platform. Prior to C2FO, Erin spent 11 years with Fountain Capital Management, a boutique high-yield investment firm also based in Kansas City. At Fountain, Erin held various positions, including partner, portfolio manager, head trader, and research analyst. She started her career at Strong Capital Management as an equity research analyst, focusing on small- and mid-cap value portfolios and later as a private equity analyst for McCarthy Capital.
Erin is a graduate of Indiana University with a BS in finance and is a CFA charterholder.