Great-West Investments names new leaders to drive business expansion

Capone and Hersch to spearhead growth in investment distribution, advisory services

GREENWOOD VILLAGE, Colorado., May 31, 2017 — Great-West Investments today announced it has appointed Robert G. Capone as its senior vice president of sales and Jeremy Hersch, CFA, as its vice president of participant advisory services. Both individuals joined the organization May 30 and report to David L. Musto, president of Great-West Investments.

“As a firm that is committed to providing innovative investment products and services, Great-West Investments is taking the next step forward with talented new leaders who bring an experienced hand and fresh perspective to the needs of our clients,” said Musto. “Our goals are to expand the reach of our products and services and to enhance their value to retirement investors. We’re confident Rob and Jeremy will help us reach these objectives.”

Capone most recently served as managing director, head of defined contribution and sub advisory, at AQR Capital Management. In this role, and in his prior eight years at BNY Mellon Investment Management leading its defined contribution and sub-advisory businesses, Capone successfully built new business models and high-quality sales teams. Previously, Capone spent 10 years at Putnam Investments in a variety of retirement business leadership positions, including managing director, participant services. He has a bachelor’s degree from Dartmouth College and an MBA from Dartmouth’s Amos Tuck School of Business Administration. Capone is located in Boston.

Prior to joining Great-West Investments, Hersch served as head of advice, portfolio and planning services for Transamerica in Harrison, NY. Hersch created and led a product management team for the institutional retirement plan market. He had direct oversight for managed account, advice services and custom model portfolio solutions as well as retirement planning tools. The Princeton University alumnus also worked at financial advisory firm Trinsum Group in New York City, where he helped create a next-generation managed account offering. Hersch will be located at Great-West Investments headquarters in Greenwood Village, Colo.

About Great-West Investments

From its headquarters in Greenwood Village, Colo., Great-West Investments creates and delivers investment solutions for investors, advisors and the retirement market. Formed in April 2016, Great-West Investments includes Great-West Funds, Inc., Great–West Capital Management, LLC, and Advised Assets Group, LLC, the latter two being registered investment advisers. Great West Investments has more than $96 billion management or supervision in mutual funds, managed accounts, capital preservation products, and retirement income solutions, as of 3/31/2017. For more information please visit www.greatwest.com.

About Great-West Financial

Great-West Financial® is a registered mark of Great-West Life & Annuity Insurance Company. It is an indirect, wholly owned subsidiary of Great-West Lifeco Inc. and “A Member of the Power Financial Corporation Group of Companies®.” Established nearly 125 years ago, Great West Financial manages $504 billion in assets for more than 8.7 million retirement, insurance and annuity customers.1 Empower Retirement, Great-West Financial’s retirement arm, is the nation’s second-largest retirement plan record keeper by total participants.

Media Contact:

Stephen Gawlik | Office: 303-737-0899 | Cell: 617-417-4408

1As of March 31, 2017.