Dwight’s consistent growth originates from the vision and values of its founder, John Dwight. A pioneer in what is now known as “work-life balance,” John left a successful annuity business in Cincinnati early in his career to start a new company in Burlington, Vermont. Situated between Lake Champlain and the Green Mountains, John felt that Burlington offered a high quality of life within a reasonable distance of the financial worlds of Boston and New York City.

John founded Dwight in 1983 and attracted a strong team of investment professionals who shared his solutions-based approach to working with clients.

Dwight helped pioneer the active management of stable value funds (then consisting primarily of guaranteed investment contracts) as a champion of the asset class. Dwight helped change the stable value landscape further in the late 1980s by uncoupling the book value wrap contract from the management of the bond portfolio to provide fund participants with more security.

Dwight began managing high-quality bond portfolios that lay beneath the wrap contracts issued by banks and insurance companies. United Asset Management’s purchase of Dwight in 1994 provided additional synergy for new opportunities such as the 1998 acquisition of the Laughlin Group, based in Portland, Oregon. This relationship provided a strong presence to meet the needs of Dwight’s growing West Coast client base.

Old Mutual plc purchased UAM, which allowed Dwight to acquire the client relationships and fixed income investment team of its affiliate, Dewey Square Investors Corporation.

Laura Dagan, who had joined Dwight 17 years earlier and most recently had been the firm’s Chief Operating Officer, was named Dwight’s President and CEO. At year-end 2005, John Dwight retired from the firm, and Laura Dagan also became Chairman of Dwight’s Board of Directors. John Dwight remains on the Board of Directors of Old Mutual (US) Holdings, Inc.

As part of Dwight’s ongoing succession planning, David Thompson was named President. David Thompson continues in his role as Co-CIO and Laura Dagan remains in her role as CEO and Chairman of Dwight’s Board of Directors.

Today, Dwight’s focus remains clear – meeting the needs of institutional fixed income investors. Dwight strives to achieve performance and service excellence for clients based on respect, integrity, and common goals.