Official Announcements
Wednesday, May 11, 2011
Natixis Global Asset Management to Be Presenting Sponsor of 2011 Newport Jazz Festival
Jazz Festival Is Debut Event in NGAM Musical Initiative to Enrich Lives and Benefit Communities
Newport Festivals Foundation, Inc. today announced that Natixis Global Asset Management (NGAM), one of the world's leading asset managers, will be the presenting sponsor of this summer's 2011 Newport Jazz Festival®, scheduled for August 5-7.
Headquartered in Paris and Boston, Natixis Global Asset Management provides investment solutions to both institutional and individual clients.
"As a firm that seeks to achieve excellence in all our efforts, partnering with the legendary George Wein and the world-renowned Newport Jazz Festival is the initial step in a broad NGAM global initiative to 'take and make music around the world'," said John Hailer, President & Chief Executive Officer, Natixis Global Asset Management - U.S. & Asia. "We hope this program, which is designed to share musical and cultural benefits with audiences ranging from non-profit organizations to schools to a wide range of communities, will illustrate how business objectives today can be closely aligned with educational, social service and regional needs."
"Joining forces with Natixis Global Asset Management will enhance the outreach of this unique and culturally significant annual celebration," said George Wein, Chairman of the Newport Festivals Foundation, Inc. and producer of the Newport Jazz Festival. "Since 1954, music lovers have come from far and wide to enjoy this festive gathering of exceptionally talented artists. We are pleased that this global organization was touched by the magic of the Newport Jazz Festival, and we look forward to working with our new presenting sponsor to bring jazz into the lives of current and new fans alike."
Jazz impresario George Wein has produced hundreds of music events annually since 1954 when he created the first Newport Jazz Festival - an event that launched the "festival era" and advanced the concept of live music. Honors and awards have been bestowed on Wein by U.S. Presidents Bill Clinton and Jimmy Carter, the Government of France, AARP, the Studio Museum in Harlem and other organizations around the world.
Natixis Global Asset Management (www.globalam.natixis.com) ranks among the world's 15 largest asset managers.* As a multi-boutique company, NGAM brings together the diverse views of 21 specialized investment managers under one umbrella with the belief that this combined expertise offers unique market perspective. The firm spreads this same ideal in the global community by sponsoring programs and events that help enrich the lives of individuals and enhance and preserve the cultural experience for future generations through music.
*Cerulli Quantitative Update: Global Markets 2010, based on December 31, 2009 AUM of $724 billion.
Carolyn McClair
