Principal Financial Group

Principal Financial Group, founded in 1879, is a U.S.-based insurance company that offers a range of financial products and services including retirement savings, asset management, and insurance solutions for individuals, businesses, and institutional clients worldwide. Through its subsidiary, Principal Global Investors, the firm provides investment advisory services and manages a diverse portfolio that includes equity, fixed income, real estate, and alternative investments. Principal Global Investors focuses on empowering clients to achieve their financial goals by employing fundamental analysis for investment decisions across different markets. With a commitment to serving retirement plans and institutional clients, Principal Financial Group plays a significant role in helping its customers navigate their financial futures.

David R. Brandt

Director of Institutional Marketing

Jeremy Driscoll

Investment Director

Timothy Dunbar

President, Global Asset Management

John Egan

Vice President, Investor Relations

Gina Graham

Vice President and Treasurer

Pat Halter

Chief Executive Officer and President

Doug Harper

Senior Managing Director

Jill Hittner

Chief Financial Offier

Daniel Houston

Chairman, President and Chief Executive Officer

Nick Lyster

Chief Executive Officer (Europe) and Managing Director

Patrick McKay

Director of North Central and Institutional Advisory

Barbara A. McKenzie

Senior Executive Director

Menken C.F.A., CPA, CFA, CPA, Dennis Jon

Senior Vice President and Chief Investment Officer

Helly Pilavachi

Director

Angela Sanders

Senior Vice President and Controller

Edward M. Schuh

Director and Senior Investment Specialist

Darrin E. Smith

MD & Portfolio Manager

Deanna Strable

Executive Vice President and Chief Financial Officer

Deanna Strable-Soethout

Executive Vice President and Chief Financial Officer

Eddie Vonnahme

Director, Investor Relations

Christopher C. Wilson

Director and Senior Investment Specialist

Sagun C.F.A., Ph.D., CFA, Mustafa

CIO for Principal Global Equities

Dummer C.A.I.A., Marcus William

MD & Portfolio Manager

9 past transactions

Sonder

Post in 2022
Sonder is a hospitality company that leases hotel-style apartments and manages vacation and short-term rental properties for travelers. Originally founded as Flatbook Corp., it rebranded to Sonder Canada Inc. in 2016 and expanded its operations to the United States with Sonder USA Inc. The company offers properties designed with modern aesthetics, including features such as living areas, dining spaces, and multiple bedrooms, complemented by a concierge service accessible via phone or text. Each rental is fully equipped with beds, linens, towels, and essential amenities, along with curated art and furniture. Sonder currently manages over $2.3 billion in various projects, including commercially-zoned mixed-use developments, residential spaces, serviced apartments, apart-hotels, and hotels across multiple cities.

HydraFacial

Post in 2021
HydraFacial is an FDA registered manufacturer of advanced aesthetic technologies and products, delivering high return on investment (ROI) opportunities. Its premier system HydraFacial® serum-based hydradermabrasion system, ranked one level above IPL for skin rejuvenation. The HydraFacial uses the patented HydroPeel® tips to resurface the skin while simultaneously infusing skin enhancing serums, including antioxidants, Hyaluronic Acid, peptide complex, and acid peels.

Wells Fargo & Company - Institutional Retirement & Trust business

Acquisition in 2019
Wells Fargo & Company - Institutional Retirement & Trust business offer comprehensive services for 401(k) and other retirement plans that include a wide range of investment options, participant communication, and fiduciary support.

Limelight Health

Series C in 2019
Limelight Health, Inc. develops a cloud-based quoting, underwriting, and proposal platform tailored for the employee benefits industry. Founded in 2014 and headquartered in San Francisco, California, with additional offices in Redding, California, and Des Moines, Iowa, the company offers a range of configurable microservices designed to streamline various business functions, including quoting, rating, proposal generation, and renewals. Its platform enhances the user experience for health insurance carriers, general agents, and brokers by automating manual workflows and facilitating plan distribution. The integrated API allows for seamless connectivity with other systems, promoting efficiency in operations and supporting brand reinforcement. As of August 2020, Limelight Health operates as a subsidiary of FINEOS Corporation Holdings plc.

RobustWealth

Acquisition in 2018
RobustWealth is a fast-growing financial technology company. They pride ourselves on their tight knit team and help provide investment advisors and community banks with a full technology stack, investment services and business automation. They are Headquartered in Lambertville, NJ with offices in Denver, CO and Woodside CA.

Cuprum AFP

Acquisition in 2013
Cuprum AFP with more than 34 years in the pension system, where we are renowned for delivering service and consulting excellence.

Palisade Systems

Venture Round in 2009
Palisade Systems, Inc. provides enterprise content security and data protection solutions. Its products include PacketSure, a network appliance that protects private data and controls network traffic; PacketGuard, an appliance protects various machines from unauthorized access; PacketDecoy, a device that intercepts hackers, gathers information about the intruders, and alerts about the unauthorized access; and ScreenDoor, which monitors and blocks Internet access. The company's products secure intellectual property and private client information from leaking outside the network; define and enforce access to internal network resources; and enforce compliance with federal privacy and industry security regulations. It also offers appliance installation assistance, and training services. The company serves clients in healthcare, financial services, and insurance industries, as well as universities and school districts in North America and Europe. It was formerly known as MidAmerica Networking, Inc. Palisade Systems, Inc. was founded in 1996 in Ames, Iowa and is now headquartered in Des Moines, Iowa.

Palisade Systems

Series E in 2005
Palisade Systems, Inc. provides enterprise content security and data protection solutions. Its products include PacketSure, a network appliance that protects private data and controls network traffic; PacketGuard, an appliance protects various machines from unauthorized access; PacketDecoy, a device that intercepts hackers, gathers information about the intruders, and alerts about the unauthorized access; and ScreenDoor, which monitors and blocks Internet access. The company's products secure intellectual property and private client information from leaking outside the network; define and enforce access to internal network resources; and enforce compliance with federal privacy and industry security regulations. It also offers appliance installation assistance, and training services. The company serves clients in healthcare, financial services, and insurance industries, as well as universities and school districts in North America and Europe. It was formerly known as MidAmerica Networking, Inc. Palisade Systems, Inc. was founded in 1996 in Ames, Iowa and is now headquartered in Des Moines, Iowa.

LightEdge Solutions

Private Equity Round in 2004
LightEdge offers a full stack of best-in-class IT services to provide leading flexibility, security, and control. Their solutions include premier colocation across four purpose-built data centers, industry-leading private Infrastructure as a Service (IaaS) and cloud platforms, and the top global security and compliance measures. Their owned and operated facilities, integrated disaster recovery solutions, and premium cloud choices make up a true Hybrid Cloud Solution Center model.