HUDSON PRIDE CENTER PARTNERSHIP WITH LORD, ABBETT & CO. LLC & NEW CENTER HOME SUPPORTED BY THE CITY OF JERSEY CITY

HUDSON PRIDE CENTER PARTNERSHIP WITH LORD, ABBETT & CO. LLC & NEW CENTER HOME SUPPORTED BY THE CITY OF JERSEY CITY

Jersey City, N.J., May 12th, 2021– Yesterday, Steven M. Fulop, Mayor of Jersey City, joined Lord, Abbett & Co. LLC and Hudson Pride to support and congratulate them on their new partnership. Last month, Hudson Pride announced Lord Abbett’s support in the creation and function of a new center home and the firm’s pledge to contribute $700,000 over the next three years. With Lord Abbett’s financial support, Hudson Pride will continue to provide a secure and safe physical home for the LGBTQ+ community in a brand-new center located in the Journal Square area of Jersey City and to enhance the diverse programming and services it offers.

 

In celebrating the partnership, Mayor Steven Fulop said, “Our progressive efforts in LGBTQ civil rights have established Jersey City as a welcoming and inclusive community that has gained national recognition for eight consecutive years. While we’re addressing systemic discrimination through municipal action, it’s been our intention to lead by example, and so I’m especially grateful to Lord Abbett for taking the initiative to support Hudson Pride and further promote equality to elevate our diverse community.”

Hudson Pride Center (HPC) was founded in 1993 by a group of activists who recognized the need for an agency that focused on the safety and wellbeing of its LGBTQ+ residents during the AIDS epidemic. Today, HPC is the largest LGBTQ+ social service center in New Jersey.  Hudson Pride is a safe and transformative space that provides health services, professional resources, and programs that unite our LGBTQ+ community in order to support the safety and well-being of all LGBTQ+ people.

 

Reflecting upon Lord Abbett’s efforts, Catherine Tantillo, Head of Community Relations, said, “We are incredibly excited about our new partnership with the Hudson Pride Center and look forward to the opening of their new home, which will allow the LGBTQ+ community to gain the support they need. This partnership supports our commitment to advancing the communities in which we live and work through engagement, volunteerism, and financial support. We’re making meaningful contributions designed to have a lasting impact through partnerships with charitable organizations that align with our values and our mission – Securing a sustainable future for our clients, our people, and our world. Our footprint in the Jersey City community continues to grow through our partnership with Jersey City Medical Center, where we established the Lord Abbett Maternity Wing, and with Saint Peter’s University, where we helped launch their first student-managed investment fund, which provides opportunities to learn from our investment professionals.”

Elizabeth Schedl, Executive Director of Hudson Pride Center, said, “Our community is looking forward to a new center that we can call home, feel safe in, and come together to celebrate our lives. We are grateful for this partnership with Lord Abbett and to have the support of Mayor Fulop and the City of Jersey City as we continue to be a lifeline for people who need us the most.”

 

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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 $235 billion in assets (as of March 31, 2021) 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.

 

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 wellbeing 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

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