MassMutual’s chief investment officer, Tim Corbett, will retire after successfully leading the company’s investment strategy and overseeing its General Investment Account (GIA) for the past 12 years.
Corbett joined MassMutual in 2011 and built a leading investment management model and team. During his tenure at MassMutual, the company doubled its GIA to more than $220bn and opened the door to new investment opportunities that have benefited the company’s policyowners and communities.
Under his leadership and in partnership with MassMutual’s global institutional asset manager, Barings, the company’s portfolio grew to include a wide range of diversified investments, including private equity, renewable energy, and more. Corbett also oversaw the addition of Rothesay, the UK’s largest specialist pensions insurer, to MassMutual’s portfolio of strategic businesses and investments, as well as the launch of MassMutual Ventures, which manages more than $1bn globally, backing more than 65 startups across the financial technology, enterprise SaaS, cybersecurity, digital health and climate technology sectors.
Eric Partlan, head of portfolio management, will succeed Corbett, effective 1 March 2023.