CAIS Live Conversations, Building With Alts | From Quarterback to Corner Office: Doug Sieg on Leading Lord Abbett (EP. 44)

Doug Sieg cold-called Lord Abbett in the early 1990s looking for a job. More than 30 years later, he’s the CEO. In this episode, Doug joins CAIS Co-President Brad Walker for a wide-ranging conversation covering his path to Lord Abbett, what he found when he took over as managing partner in 2018, and how the firm has built out a private credit platform while staying true to its roots as a public fixed-income manager. They also discuss Doug’s outlook on today’s macro environment, and reflects on the leadership lessons that guided his path to CEO.

Chapters 

1. The Sieg Household [01:38]
2. Three Brothers, One Industry [03:10]
3. The Cold Call [07:04]
4. Why He Stayed [08:44]
5. Taking Over as Managing Partner [11:02]
6. Building a Culture From the Inside Out [13:28]
7. Leaders Aren't Born [18:24]
8. Building the Private Credit Platform [22:28]
9. Conviction and Caution [30:36]
10. What Leadership Looks Like at Every Level [44:55]

Creators and Guests

Host

Brad Walker

Co-President

Guest

Doug Sieg

CEO & Managing Partner of Lord Abbett

What is CAIS Live Conversations, Building With Alts ?

CAIS Live Conversations: Building With Alts, tackles the often untapped potential of alternative investments by sitting down with the various players in the alts ecosystem. Listen in as we dive into alternative investments from the perspective of industry experts, RIA executives, IBD executives, alts manager leaders, and alts experts. Hear what other advisors are doing, learn about new technology, and join us as we turn investment complexities into real-life concepts that could potentially help diversify and drive growth in the independent space.