Deals & People December 13, 2013

Principal Subsidiary Names Managing Director

Principal Enterprise Capital LLC hired David Gottschall as managing director and Emily Slovitt as investment manager.
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As managing director, Gottschall assists in developing the firm’s overall strategy and serves on a number of operating partner boards. He is responsible for both internal and external business growth, and carries 15 years of investment experience.

Most recently, Gottschall worked as a portfolio manager for Allstate Investments, directing investment selection and portfolio management efforts in equity join ventures and commercial mortgages. He holds a bachelor’s degree in economics from Oberlin College and a master’s degree in finance from the University of Denver. Gottschall also holds the chartered financial analyst (CFA) designation.

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In her role as investment manager, Slovitt conducts research to provide investment and strategy recommendations to firm leadership. She also collaborates on the analysis of existing portfolio companies.

Slovitt joins Principal Enterprise Capital with more than seven years of commercial real estate experience, including commercial loan origination, joint venture formation, funds management and commercial mortgage-backed securities (CMBS) portfolio management. Previously, she was an investment associate for Prudential Mortgage Capital Company.

Slovitt earned a bachelor’s degree in finance and real estate from the University of Texas in Austin and a master’s degree in finance, management strategy and social enterprise from Northwestern University. She is a member of global women’s network 85 Broads and the Kellogg Real Estate Alumni Club.

Principal Enterprise Capital, a real estate private equity investment manager and subsidiary of the Principal Financial Group, invests in real estate through the creation, management and ownership of entity-level investments in real estate operating companies (REOCs) that focus on multifamily, retail and industrial properties.

Deals & People December 13, 2013

OneAmerica Looks to Retirement Income

Nicolas Lance has joined the companies of OneAmerica in a newly created position of vice president, retirement income strategies.
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“In this critical role, Nicolas will lead our new Retirement in Motion initiative to better prepare the growing number of individuals in or near retirement,” says Scott Davison, president of the OneAmerica companies.

Lance explains to PLANADVISER that Retirement in Motion is an all-encompassing, enterprise-wide strategy going forward for OneAmerica. It consists of four parts: education and training, marketing and sales support, product innovation and technology, and customer service.

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“In the defined contribution space, our goal is to provide strategies for our customers,” he says. “People who have accumulated wealth are now asking if they have enough money, what they should do and should they seek a guaranteed income stream going forward.”

Lance adds that the firm is focusing on both products and consulting.

“Obviously our initiative is based on the demographics—the aging of America. About ten thousand people are retiring almost every day, and the generation after that is even bigger. We are responding to their needs.”

Lance will also lead OneAmerica’s customer data strategy which will build internal technologies and business capabilities to further educate consumers about the importance of retirement planning and the solutions available to them.

With 24 years of domestic and international experience in the financial services industry, Lance has held a number of executive-level positions with companies such as MetLife and AXA. He holds degrees from the University of Rhode Island and The George Washington University and has earned an executive certificate in retirement planning from The Wharton School at the University of Pennsylvania.

“No one has cracked the code for retirement income in the industry and our goal is to do that,” he concludes.

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