Payden & Rygel is one of the largest, privately owned global investment managers, with more than $50 billion in assets under management. Founded in 1983, the firm is a leader in the active management of fixed-income and equity portfolios for a diversified client base. Payden & Rygel advises corporations, foundations and endowments, pension plans, public funds, and individual investors on their overall investment strategies. The firm is adviser to the Paydenfunds family of mutual funds and to the firm's Irish-domiciled funds.

The essence of independence Investment management that is truly independent is increasingly rare in a world of pervasive corporate consolidation. Payden & Rygel's independent status eliminates the potential for conflicts of interest. Fully owned by 18 senior executives, Payden & Rygel is solely accountable to one interest—that of its clients. Global presence Headquartered in Los Angeles, California, Payden & Rygel has long maintained an international presence. Payden & Rygel Global, Ltd. provides service to Europe and the United Kingdom. Metzler/Payden LLC, a joint-venture with Metzler, Germany's oldest family-owned private bank, offers active investment management to both U.S. and German clients.