Parametric Strengthens Institutional Relationship Management Team

SEATTLE, March 16, 2015 /PRNewswire/ -- Parametric Portfolio Associates LLC ("Parametric"), a subsidiary of Eaton Vance Corp.(NYSE: EV), today announced the addition of Craig Letendre, CAIA, as a Client Service Associate.  Based in Boston, Mr. Letendre is responsible for supporting the Client Relationship Management team in the management of Parametric's Institutional client relationships.

Mr. Letendre joins Parametric from NEPC, LLC where he was a Senior Analyst since 2010. He supported and serviced outsourced CIO clients, including endowments, foundations and taxable accounts, with asset allocation, portfolio implementation and rebalancing, policy formation and review, and investment manager selection. Prior to this, Mr. Letendre spent over two years working as bank loan specialist for State Street Corporation. He graduated from Brandeis University with a bachelor of arts degree in economics and American studies. Mr. Letendre is currently working toward his master of business degree in finance at the University of Massachusetts at Amherst.

He reports to James Barrett, Parametric's Managing Director of Institutional Sales and Client Service. "We are pleased to have a talented professional like Craig join our team," said Mr. Barrett. "As a group, we are dedicated to providing our clients with the highest level of service available in the industry."

The institutional sales and service team under Mr. Barrett, now comprises 14 members. Together they focus exclusively on institutional consultants and investors by supporting relationship management, and assisting with consultative sales and service of Parametric's growing line of institutional offerings.

Parametric customized solutions are designed to help institutions seek to increase efficiency, maximize return, fill asset allocation gaps, and better manage risk. These include customized, derivative-based strategies including a policy implementation overlay program, as well as rules-based, engineered product solutions which seek to deliver superior risk-adjusted performance.

Parametric, headquartered in Seattle, WA, is a leading global asset management firm, providing investment strategies and customized exposure management to institutions and individual investors around the world. Parametric offers a variety of rules-based, risk-controlled invest­ment strategies, including alpha-seeking equity, alter­native and options strategies, as well as implementa­tion services, including customized equity, traditional overlay and centralized portfolio management. Para­metric is a majority-owned subsidiary of Eaton Vance Corp. and offers these capabilities through investment cen­ters in Seattle, WA, Minneapolis, MN and Westport, CT (home to Parametric subsidiary Parametric Risk Advi­sors LLC, an SEC-registered investment adviser). As of January 31, 2015, Parametric and its wholly-owned subsidiary, Parametric Risk Advisors LLC, managed $138.1 billion in client assets.

SOURCE Parametric Portfolio Associates LLC