Metropolitan West Financial
 | This article relies largely or entirely on a single source. (December 2019) |
| Company type | Private company |
|---|---|
| Industry | Financial services |
| Founded | 1992 |
| Defunct | 2010 |
| Fate | Acquired |
| Successor | TCW Group / Wachovia |
| Headquarters | , |
| Owner | Wachovia |
Metropolitan West Financial (also known as MetWest Ventures) was a diversified financial services holding company with interests in a variety of firms that provide financial advice and strategic planning, capital management, asset management, investment advice, and fixed-income portfolio management. The firm was split into sections and some was acquired in 2010 by TCW Group and the rest is owned by Wachovia. Although the company was acquired the name continues to be used in the MetWest fund.
History
[edit]The acquisitive firm provides its services to businesses and high-net-worth individuals in the US. Before being acquired, it had more than $65 billion in assets under management. Clients include Boeing Employees Credit Union, American Airlines, California Public Employees' Retirement System, and Microsoft.
In 2001, Former Vice President Al Gore took a position with Metropolitan West Financial, developing business strategies in the fields of information technology and biotechnology.[1]
References
[edit]- ^ "11/19/01: Gore Takes Finance Post @ Metropolitan West Financial Inc". Archived from the original on 2005-09-20. Retrieved 2007-09-24.
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