JERSEY CITY, NJ – Lord, Abbett & Co. LLC (“Lord Abbett”), an independent, privately-held investment management firm, has moved the firm’s global headquarters as part of its commitment to embrace the future of work. The move takes place within Jersey City, relocating Lord Abbett from 90 Hudson Street, where it has existed since 2000, to new space at 30 Hudson Street.
Douglas B. Sieg, CEO and Managing Partner of Lord Abbett, said, “In every place that Lord Abbett has called home, there has been an understanding that our office must reflect the culture of the firm. That’s been true since we first opened our doors in 1929. Each of our offices has reflected the needs of our firm and empowered us to create an environment where our people can succeed and where we can deliver for our clients. Our new headquarters embraces the storied history of our firm while pushing forward into a future of work that prioritizes collaboration, innovation, and learning. That happens best when we’re together in a shared workplace, and I am confident that this new space will enable us to achieve our vision of being the most respected asset manager in the world.”
The new headquarters occupies the top five floors of 30 Hudson, and features spaces specifically built to accommodate the full range of the firm’s activities. The intentional design will help all employees thrive in the office, creating a space meant to prioritize their health and well-being, as well as positive results for the firm. The space includes executive offices, open work areas, multipurpose conference rooms, a digital content studio, and an auditorium for firm-wide meetings.
Lord Abbett employees will be able to enjoy a game room, fitness lounge, and training rooms in their free time. The headquarters at 30 Hudson features The Exchange, a double-height space on the 40th floor that features a commercial-grade kitchen, event areas, an A/V booth, and a cafe.
“Our new global headquarters doubles down on our commitment to the Jersey City community, which Lord Abbett has been a part of for the past 22 years,” said Sieg. “Securing this new center of gravity for our firm in our hometown reflects the recognition of our history and our dedication to leadership in a new era of work.”
Lord Abbett signed a 15-year lease for its new headquarters in 2022. The space was designed by HLW and JT Magen was the project’s construction manager.
For more information about Lord Abbett, please visit lordabbett.com.
About Lord Abbett
Lord, Abbett & Co. LLC is an independent, privately held firm and was named one of the Best Places to Work in Money Management for the fifth consecutive year in 2024 by Pensions & Investments, as well as a Best Place to Work in the Human Rights Campaign’s 2023-2024 Corporate Equality Index. One of the oldest money management firms in the United States, Lord Abbett is inspired by its mission—Securing a sustainable future for our clients, our people, and our world—strengthened by a culture that is principles-led, performance-oriented, and purpose-driven, and guided by the shared values of excellence, responsibility, transparency, and collaboration. Lord Abbett manages approximately $214 billion in assets (as of September 30, 2024) across a full range of global investment offerings.
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