Roberta Matheny Joins AllianceBernstein's Expanding Defined Contribution Business to Support its Industry Leading Lifetime Income and Customized Retirement Solutions

NEW YORK, April 7, 2014 /PRNewswire/ -- AllianceBernstein L.P. (AllianceBernstein), a global investment management firm with more than $30 billion in Defined Contribution assets, announced today that Roberta Matheny has joined the firm as Vice President and Senior Client Service Officer, responsible for servicing existing institutional clients and supporting the growth of the firm's Defined Contribution business.

Matheny will report to Ray Decker, who leads AllianceBernstein's client relationship management efforts for institutional Defined Contribution clients and was recently promoted to Managing Director. In her new role, Matheny will focus on servicing and growing the firm's $20 billion client base of Customized Target-Date and Lifetime Income Strategies.

"Given the importance of the DC business to our firm, we've made several enhancements to strengthen and support the team and bringing on Roberta is one of them," said Dick Davies, Senior Managing Director of AllianceBernstein's Defined Contribution business and Co-Head of North American Institutions. "Roberta brings a deep understanding of retirement plan services and she will be an integral part of our efforts to build on our success in customized retirement solutions and lifetime income."

In December, Dick Davies returned to AllianceBernstein to lead its US Defined Contribution business and co-lead the North America Institutions business. Previously, Davies had spent 16 years at AllianceBernstein in various leadership roles and was a key architect of the firm's custom target-date solutions.

"In the short time since Dick has rejoined the firm, he has already begun to attract top talent and put us on the path to ensuring AllianceBernstein stays at the forefront of delivering dynamic solutions that meet the changing needs of retirement savers to DC plans of all sizes," said Bob Keith, Head of AllianceBernstein's Client Group. "With Roberta on board, we are well positioned to continue to strengthen our footprint in the marketplace."

Matheny joins AllianceBernstein from JPMorgan Chase & Co, where she was most recently a Client Advisor for Retirement Plan Services, responsible for managing large and mega corporate client relationships totaling over $4.6B in retirement plan assets. Prior that role, she held various senior roles at JPMorgan Chase & Co, including Vice President of Institutional Asset Management Sales for JP Morgan Fleming Asset Management Group. Matheny graduated from Queens College with a bachelor's of business administration.

About AllianceBernstein
AllianceBernstein is a leading global investment management firm that offers high-quality research and diversified investment services to institutional investors, individuals and private clients in major world markets.

At December 31, 2013, AllianceBernstein Holding L.P. owned approximately 35.8% of the issued and outstanding AllianceBernstein Units and AXA, one of the largest global financial services organizations, owned an approximate 63.7% economic interest in AllianceBernstein.

Additional information about AllianceBernstein may be found on our internet site, www.alliancebernstein.com.  

About AllianceBernstein's Multi-Asset Solutions Group
AllianceBernstein's Multi-Asset Solutions Group is a dedicated team that draws on its deep capital-markets expertise, research insights and a full range of risk/return sources as building blocks to create integrated multi-asset investment solutions tailored to the needs of each client. These include glidepath strategies like target-date and lifetime income solutions for defined contribution plans, asset allocation strategies and solutions targeting unique market index and factor exposures. With a team of more than 25 investment professionals, the Multi-Asset Solutions Group works to provide comprehensive solutions to long-term investment objectives through the use of multiple asset classes, strategies, and approaches that are integrated into single portfolios and actively managed on an ongoing basis. 

Important Information 
Investors should consider the investment objectives, risks, charges and expenses of the Fund/Portfolio carefully before investing. For copies of our prospectus or summary prospectus, which contain this and other information, visit us online at www.alliancebernstein.com or contact your AllianceBernstein Investments representative. Please read the prospectus and/or summary prospectus

AllianceBernstein Investments, Inc. (ABI) is the distributor of the AllianceBernstein family of mutual funds. ABI is a member of FINRA and is an affiliate of AllianceBernstein L.P., the manager of the funds.

AllianceBernstein® and the AB Logo are registered trademarks and service marks used by permission of the owner, AllianceBernstein L.P.

SOURCE AllianceBernstein

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