Nuveen Names Harriet Steel as Global Head of Institutional to Drive Global Growth

• Nuveen has appointed Harriet Steel as Global Head of Institutional.
• Mike Perry, Head of the Global Client gets the reports on Harriet

Nuveen, the asset manager with $1.3 trillion in assets under management and the investment arm of TIAA, has appointed Harriet Steel as Global Head of Institutional. Based in London, Harriet will report to Mike Perry, Head of Global Client Group, and will lead initiatives to drive the growth of Nuveen’s institutional business on a global scale.

Harriet will direct a team of more than 250 professionals across the Americas, EMEA, and Asia-Pacific, reinforcing Nuveen’s global dedication to institutional clients. She will focus on growing Nuveen’s Insurance client segment, aligned with the firm’s goal of generating income for the TIAA General Account.

A team of more than 250 professionals across the Americas, EMEA, and Asia-Pacific lead investment efforts in public fixed-income markets and alternative assets, such as private credit, real estate, and natural capital, will be directed by Steel

Harriet has been recognized as an industry leader, featuring in Financial News’ ‘Top 100 Women in European Finance’ and mentoring senior finance executives. Her career also includes investment-related roles at Bankers Trust and Morgan Stanley, with experience in London, New York, and Paris.

Nuveen’s Leadership on Harriet’s Appointment “In an environment where institutional investors are increasingly consolidating their relationships with fewer managers, scale, diversification, and global reach are more essential than ever. Assets and revenues are growing rapidly, outpacing the global industry. With Harriet’s exceptional caliber and experience, we expect this growth to accelerate even further.”

Mike Perry, Head of Global Client Group at Nuveen “Nuveen’s deep alignment with client needs, its long-standing commitment to product innovation, and its shared mission with parent company TIAA to invest for future generations make our proposition truly compelling. This is an exciting moment for Nuveen, and I’m eager to lead our institutional client business as we embark on the next phase of global growth.”