David A Lonergan
Mr. Lonergan brings a diverse wealth of investment expertise honed over nearly 20 years experience as a fiduciary investment manager and global business leader with a leading global investment manager. Mr. Lonergan joins the firm at a critical growth point to lead the effort to deliver more robust and targeted future investment offerings. As a long-time investor in numerous previous firm offerings, he will continue to add a unique perspective on the direction of the firm and future products as a member of the firm’s investment committee.
Previously, Mr. Lonergan served as a Global Co-Head of Securities Finance at BlackRock, the world’s largest asset manager, where he was responsible for client strategy, business strategy, and research. As a Securities Finance leader, he crafted the strategic direction of the business, including the global geographic footprint, the strategic deployment of capital, and was a key relationship to some of the firms largest clients. Securities Finance was a key revenue driver for the index equity and fixed income management businesses, generating peak revenue of between $400m, and $900m annually for the firm. Prior to joining the Securities Finance business, he led the U.S. Cash Management business for Barclays Global Investors (acquired by BlackRock in 2009), where he was responsible for portfolio management and product development for the firm’s short-term fixed income products totaling over $250B in assets.
Mr. Lonergan holds a Bachelor of Science in Business Administration/Finance from California State University Sacramento, and an MBA from the University of California at Davis. He currently serves on the Board of Directors for Make-A-Wish Greater Bay Area, where he previously served as Board Chair and Treasurer.