Parametric Announces Upcoming Departure of Timothy W. Atwill

SEATTLE, Jan. 24, 2019 /PRNewswire/ -- Parametric Portfolio Associates LLC (Parametric), an affiliate of Eaton Vance Corp. (NYSE: EV), today announced that Timothy W. Atwill, CFA, Head of Investment Strategy within Parametric's Seattle investment office, will be leaving Parametric and the investment management industry for personal reasons, effective June 30, 2019.

As reported in November 2018, Mr. Atwill was to assume the role of co-Chief Investment Officer of Parametric, along with Thomas B. Lee, CFA, Managing Director for Investment Strategy and Research in Parametric's Minneapolis Investment Center, on November 1, 2019. These changes were prompted by the integration of Parametric's investment and research teams following the November 2019 retirement of Jack Hansen, Chief Investment Officer of Parametric's Minneapolis Investment Center, as previously announced. With Mr. Atwill's departure, Tom Lee will become Chief Investment Officer of Parametric in November.

According to Brian Langstraat, Chief Executive Officer, Parametric, "Tim is a great professional and human being, and it has been a pleasure to work with him. His leadership was integral to the development and implementation of our collaborative approach to systematic investment management focused on delivering high-quality, consistent performance."

Mr. Langstraat continued, "We will continue to expand our investment and research teams and resources, which are a critical part of this organizational transition. In his role as Chief Investment Officer, Tom Lee will have the support of a deep team of established investment leaders. In addition, we are actively recruiting for key roles as we position ourselves to continue to serve our clients and innovate as the market and the industry evolve. Over the coming months, we expect to hire for positions in responsible investing, quantitative equity research and portfolio construction, and liquid alternatives research and portfolio construction."

With Mr. Atwill's upcoming departure, Parametric is today announcing several promotions on the investment and research team, effective June 30, 2019:

• Jennifer Sireklove, currently Head of Responsible Investing, will become Managing Director, Investment Strategy. In this role, she will be responsible for all equity (domestic, international and emerging markets) and commodity strategies previously overseen by Mr. Atwill. Ms. Sireklove will continue to oversee the firm's responsible investing team until a new leader is hired.
• Greg Liebl, currently co-portfolio manager of the Parametric Commodity Strategy Fund, will become Senior Investment Strategist supporting Parametric's systematic alpha strategies. Mr. Liebl will continue as a manager of the Commodity Strategy Fund.
• Paul Bouchey, currently CIO leading Parametric's investment, research and strategy activities for Seattle-based strategies, will become co-strategist for the firm's systematic alpha strategies, along with Ms. Sireklove. As previously reported in November 2018, Mr. Bouchey will also become Global Head of Research & Development effective November 1, 2019.

Effective May 1, 2019, Mr. Atwill's portfolio management responsibilities will transition to other Parametric portfolio managers as follows:

About Parametric Portfolio Associates
Parametric Portfolio Associates LLC (Parametric) uses investment science to build and manage systematic investment strategies and to implement custom portfolio solutions providing clients with targeted investment exposures with control of costs and taxes. Based on principles of intellectual rigor, ingenuity and transparency, Parametric seeks to deliver repeatable client outcomes with consistently high levels of service and maximum efficiency. As of December 31, 2018, Parametric managed $216.6 billion in assets on behalf of institutions, high-net-worth individuals and fund investors. Headquartered in Seattle, Parametric also has offices in Minneapolis, Westport, Connecticut, Boston, and Sydney, Australia. For more information, visit parametricportfolio.com.

This Document does not constitute an offer or solicitation to invest in the Eaton Vance International (Ireland) Parametric Emerging Markets Fund. The Fund is a sub-fund of Eaton Vance International (Ireland) Funds plc (the "Company"), a public limited company with variable capital incorporated in Ireland and authorized and regulated by the Central Bank of Ireland as an Undertaking for Collective Investment in Transferable Securities ("UCITS"). The offering of the shares of Eaton Vance International (Ireland) Funds is restricted in many jurisdictions and investors must inform themselves of and observe applicable restrictions in their jurisdiction. The Fund is distributed by Eaton Vance Management (International) Ltd. and may employ Eaton Vance Distributors, Inc., Two International Place, Boston, MA 02110, as a sub-distributor. The Funds' current prospectus and key investor information document ("KIID") contain more information as well as the risks of investing and may be obtained free of charge from Citi Fund Services (Ireland) Limited, 1 North Wall Quay, Dublin 1, Ireland, or by calling +353 1 637 6372. None of the Funds have been or will be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and none of such shares may be offered, sold, transferred or delivered, directly or indirectly, in the United States or to U.S. residents or citizens. None of the Funds have been or will be registered as an investment company under the U.S. Investment Company Act of 1940, as amended (the "1940 Act").

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SOURCE Parametric Portfolio Associates LLC