HUDSON PRIDE CENTER PARTNERS WITH LORD, ABBETT & CO. LLC. TO ANNOUNCE NEW CENTER HOME
Jersey City, N.J., April 13th, 2021 – Today, Hudson Pride Center (HPC) is pleased to announce a new partnership with investment management company, Lord, Abbett & Co. LLC. To support the agency’s creation and function of a new center home, Lord Abbett has pledged to contribute $700,000 over the next three years. With Lord Abbett’s financial support, HPC will continue to provide a secure and safe physical home for the LGBTQ+ community in a brand-new center located in Jersey City and enhance the ongoing diverse programming and services it offers.
Hudson Pride Center has served the LGBTQ+ community in Jersey City and Hudson County for over 25 years. In early 2020, due to the COVID-19 pandemic, HPC made the hard decision to relocate out of their offices in CarePoint Christ Hospital and transition all services to remote and virtual. The team has worked hard to reach and connect with all its members, especially the most isolated and vulnerable communities. In doing so, over the past year they have ensured that all members have had access to necessities, social connections, mental health, overall health support/referrals, and safety planning. For now, they will continue to use digital platforms of communication to provide all services.
“Our team at Hudson Pride is extremely excited to announce the opening of our brand-new center home in the Journal Square area of Jersey City and to one day all be together again safely. With the significant financial support from Lord Abbett, we can secure our center’s future while growing our services to meet the continuing needs of our LGBTQ+ community. This partnership is a momentous step for our center and for the years to come,” said the Executive Director of Hudson Pride Center, Elizabeth Schedl.
Reflecting upon Lord Abbett’s efforts, Doug Sieg, Managing Partner, said, “We value all individuals as an organization that is committed to ensuring a sustainable future for our clients, our people, and our world. With this in mind, we’re proud to help fund the building of the new Hudson Pride Center, which aligns with the steps that earned us top marks in the Human Rights Campaign’s 2021 Corporate Equality Index, the national benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality.”
Catherine Tantillo, the firm’s Head of Community Relations, added, “The new Hudson Pride Center will provide the LGBTQ+ community with a safe haven, where they can receive assistance, support, and services. We hope our commitment will enable this important organization to flourish for years to come, and we look forward to building a long-term relationship.”
In addition to the financial contribution, Lord Abbett will work with Hudson Pride Center on future joint programming partnerships that continue to support the LGBTQ+ community members of Jersey City and throughout all of Hudson County.
About Hudson Pride Center
The Hudson Pride Center was founded in 1993 by a group of activists who recognized the need for an agency that focused on the safety and well–being of its LGBTQ+ residents during the AIDS epidemic. Today, Hudson Pride Center is a home and a voice for the diverse LGBTQ+ population of New Jersey, offering HIV outreach and linkage to care, PrEP and transgender affirming counseling, crisis intervention counseling, mental health care coordination and education and social support groups. To learn more, please visit www.hudsonpride.org.
About Lord Abbett & Co.
Lord, Abbett & Co. LLC is an independent, privately held firm and was named one of the Best Places to Work in Money Management for 2020 by Pensions & Investments, as well as a Best Place to Work in the Human Rights Campaign’s 2021 Corporate Equality Index. One of the oldest money management firms in the United States, Lord Abbett is inspired by its mission—Securing a sustainable future for our clients, our people, and our world—strengthened by a culture that is principles-led, performance-oriented, and purpose-driven, and guided by the shared values of excellence, responsibility, transparency, and collaboration. Lord Abbett manages approximately $224 billion in assets (as of December 31, 2020) across a full range of U.S. mutual funds, UCITS Funds, institutional and separately managed accounts, including $1.2 billion for which Lord Abbett provides investment models to managed account sponsors.
Investors should carefully consider the investment objectives, risks, charges, and expenses of the Lord Abbett Funds. This and other important information is contained in a fund’s summary prospectus and/or prospectus. To obtain a prospectus or summary prospectus on any Lord Abbett mutual fund, contact your investment professional or Lord Abbett Distributor LLC at 888-522-2388, or visit us at lordabbett.com. Read the prospectus carefully before investing.
Lord Abbett mutual fund shares are distributed by Lord Abbett Distributor LLC.
Shares of Lord Abbett mutual funds are not deposits or obligations of any bank, are not guaranteed by any bank, and are not insured by the FDIC or any other agency, and involve investment risks, including the possible loss of principal amount invested.