Acadian Asset Management Appoints Kelly Young as Chief Executive Officer

15-Year Acadian Veteran to Drive Next Phase of Growth

Ted Noon Promoted to Chief Marketing Officer

BOSTON – December 20, 2023 – Acadian Asset Management (“Acadian” or “the Firm”) today announced that its Executive Committee has unanimously appointed Kelly Young as Chief Executive Officer, effective today. [Young will retain her seat on the Acadian Executive Committee.] She succeeds Ross Dowd, who has served in the CEO role since 2018. Ted Noon will succeed Kelly as Chief Marketing Officer at Acadian.

As CEO, Young will oversee Acadian’s day-to-day operations, execute its long-term strategic initiatives, and drive its next phase of growth. She brings a deep understanding of Acadian’s business and clients, having served in key leadership roles during her 15 years with the Firm, most recently as Executive Vice President, Chief Marketing Officer. She joined Acadian in 2009 by way of its U.K. business after serving as the European head of the index fund management business for SGAM Alternative Investments. Previously, she held senior portfolio management positions at Northern Trust Global Investments and Barclays Global Investors.

Ted Noon, who previously served as Senior Vice President, Director of the Americas Client Group, has been promoted to Chief Marketing Officer. In this capacity, he will oversee Acadian’s global client service and distribution efforts. The rest of Acadian’s leadership team will remain in place, including Brendan Bradley as Executive Vice President, Chief Investment Officer.

“Kelly is a proven, respected, and effective leader who has overseen tremendous growth at Acadian,” said Bradley. “Her deep institutional expertise and understanding of our clients’ needs make her ideally suited to serve as our next chief executive and to continue to deliver meaningful results for our clients and long-term growth for all our stakeholders. We thank Ross for his contributions to the firm and wish him well in his future endeavors.”

“I have proudly supported Acadian’s business growth and evolution for almost 15 years, and I am thrilled to take the reins at such an exciting point in time for our firm,” added Young. “The leadership team and I are committed to providing exceptional investment expertise to our clients around the world and to partnering with them to achieve their investment objectives.”

About Acadian

Acadian Asset Management, LLC invests systematically on behalf of pension funds, endowments, governments, foundations, and other institutional investors, with US$97 billion in assets under management globally, as of 30 September 2023. The firm uses an innovative array of disciplined, systematic investment techniques across stock-specific, macro, and peer forecasting models. Acadian offers equity, credit, equity alternatives, managed volatility, macro, extension, and sustainable strategies. Acadian has affiliated offices in London, Sydney, and Singapore.