NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC

The Northwestern Mutual Investment Management Company LLC is an investment management firm based out of Milwaukee, Wisconsin. The company was established in 1980 and currently operates as a subsidiary of The Northwestern Mutual Life Insurance Company, specifically operating as its asset management segment. The Northwestern Mutual Investment Management Company has grown from its inception to now have almost 4,000 employees in a variety of locations in the United States including Charlotte, Denver, Indianapolis, San Francisco, Atlanta, New York City, Memphis, Salt Lake City, West Hartford, Sacramento, Jacksonville, Newport Beach, Cincinnati, and others. The company invests in the public equity markets within the U.S., focusing on the value stocks of selected companies. Northwestern Mutual Investment Management Company invests its held assets across a variety of sectors and participates in leveraged buyout and junior capital transactions. The company invests most heavily in the finance sector, which alone makes up over a third of its total asset allocations. Northwestern Mutual Investment Management Company also invests in the energy, consumer discretionary, information technology, health care, industrials, utilities and telecommunications, and consumer staples sectors, among other sectors to a lesser degree, in order of decreasing allocation. Other than the firm’s top holding in SPDR S&P 500 ETF Index Depositary Receipts, which alone makes up a sixth of its total asset allocations, none of its total holdings exceed 5% of its total holdings. Northwestern Mutual Investment Management Company currently holds over $5.5 billion in total assets under management spread across 27,400 accounts, all of which are discretionary accounts. Both of its total number of accounts and total assets under management have been increasing in recent years with its total assets under management growing significantly from under $900 million back in 2010 to well over 6 times that amount today. Northwestern Mutual Investment Management Company mainly caters to individuals, which alone makes up over three quarters of its client base.