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Excelsior Today
By the People, for the People
LoCorr Promotes Industry Veterans to Strengthen Distribution Leadership
Firm Expands Distribution Channels
Mar. 31, 2026 at 3:03pm
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LoCorr's promotions of industry veterans signal the firm's commitment to expanding its distribution of low-correlating investment solutions.Excelsior TodayLoCorr, a leader in low-correlating alternative investments, has announced the promotions of two industry veterans, Kris Jaenicke and Gabe Dutra, to distribution leadership roles. Jaenicke has been promoted to Executive Vice President, leading the firm's expansion into the Bank Trust channel, Turnkey Asset Management Programs (TAMPs), and Outsourced Chief Investment Officer (OCIO) firms. Dutra has been promoted to Senior Vice President, Eastern Division Sales Director, responsible for leading the team's delivery of LoCorr's products in the eastern half of the country.
Why it matters
These promotions will support LoCorr's distribution efforts and expansion across the Bank Trust channel, TAMPs, OCIOs, and the Registered Investment Advisor (RIA) channel at a time when the demand for low-correlating investment solutions has grown significantly. The events of the recent quarter have once again highlighted the need for products that offer true diversification and can provide portfolios with a different stream of returns.
The details
Kris Jaenicke has more than 35 years of experience in the financial services industry and has been a leader within LoCorr for 14 years. Gabe Dutra has more than two decades of experience working with financial advisors, including eight years with LoCorr.
- LoCorr announced the promotions on March 31, 2026.
The players
Kris Jaenicke
Promoted to Executive Vice President at LoCorr, leading the firm's distribution expansion into the Bank Trust channel, Turnkey Asset Management Programs (TAMPs), and Outsourced Chief Investment Officer (OCIO) firms.
Gabe Dutra
Promoted to Senior Vice President, Eastern Division Sales Director at LoCorr, responsible for leading the team's delivery of LoCorr's products in the eastern half of the country.
Kevin Kinzie
CEO of LoCorr.
What they’re saying
“Kris and Gabe have both been leaders and valuable contributors to LoCorr for many years, and their depth of experience will continue to elevate our distribution capabilities at a time when the demand for products with low correlation to traditional investments has grown significantly.”
— Kevin Kinzie, CEO of LoCorr
The takeaway
These promotions demonstrate LoCorr's commitment to strengthening its distribution capabilities and expanding its reach in the financial services industry, particularly in the Bank Trust channel, TAMPs, OCIOs, and the RIA channel, where the demand for low-correlating investment solutions continues to grow.
