DALLAS, May 22, 2018 (GLOBE NEWSWIRE) — Westwood Holdings Group, Inc. (NYSE:WHG) is pleased to announce Steve Paddon as the new Head of Institutional Sales.

As Head of Institutional Sales, Mr. Paddon will be responsible for managing our Institutional business line and client service functions.

Mr. Paddon brings 35+ years of expertise within the asset management industry during which he has been a successful leader of institutional and cross-border distribution teams. Most recently, Mr. Paddon served as Head of Institutional and International at OppenheimerFunds in New York where he oversaw the institutional business teams and led the firm’s international expansion. Prior to joining OppenheimerFunds, Steve spent eight years at Investec Asset Management, where he separately led Consultant Relations and Institutional Business, each for several years. Earlier in his career, Mr. Paddon focused on institutional sales and client service at Credit Suisse Asset Management, State Street Research and MetLife.

Mr. Paddon earned his BA in Economics from Wheaton College and holds his FINRA Series 7 and 24 licenses.

For additional information, please contact Phil DeSantis at 214-756-6900.

About Westwood

Westwood Holdings Group, Inc. provides investment management services to institutional investors, private wealth clients and financial intermediaries. With $22.6 billion in assets under management (as of March 31, 2018), the firm offers a range of investment strategies including U.S. equities, Master Limited Partnerships (MLPs), Multi-Asset, Global and Emerging Markets equities, and Global Convertible securities portfolios. Access to these strategies is available through separate accounts, the Westwood Funds family of mutual funds, UCITS funds and other pooled vehicles. Westwood benefits from significant, broad-based employee ownership and trades on the New York Stock Exchange under the symbol “WHG.” Based in Dallas, Westwood also maintains offices in Toronto, Boston and Houston.