Chad Plotke has joined GoldenTree Asset Management, establishing the $50 billion firm’s California office in Newport Beach.
As a principal, Plotke will focus on business development, covering relationships with family offices, corporate pensions, healthcare organizations, endowments and foundations.
“At GoldenTree, we know physical proximity to our investors and partners brings increased collaboration and we are enthusiastic about our opportunities for growth in the West,” Steve Tanenbaum, founder, chief investment officer and managing partner at GoldenTree, said in a statement. “We are pleased to bring in someone with Chad’s depth of relationships and experience, and we are looking forward to him expanding our physical presence on the West Coast.”
Plotke reports to Kathy Sutherland, CEO and partner at GoldenTree, who welcomed his nearly 15 years of strategy and business development experience across asset classes.
At PIMCO, he was an executive vice president and account manage, leading relationships with single family offices and nonprofit organizations throughout the U.S. and across various asset classes. During his 18 years at PIMCO, he also spent 18 months as head of HR strategy, guiding key human resources projects across the globe.
“I’m looking forward to joining the world-class team at GoldenTree and the opportunity to work with such an experienced group to contribute to the firm’s growth with new and current partners,” said Plotke.
