Lord, Abbett & Co. LLC is an independent, privately-held investment management firm headquartered in Jersey City, New Jersey, founded in 1929, with roughly $270 billion in regulatory assets under management. Its institutional business provides discretionary and non-discretionary investment advice to U.S. and non-U.S. retirement and benefit plans, corporations, public funds, foundations, endowments, unions, insurance companies, and other institutions, including retirement plan investment solutions used within 401(k) and other defined contribution plans.