Ms. Jaffee is the Senior Portfolio Manager for the TCW Relative Value Large Cap and TCW Relative Value Mid Cap strategies and funds. She joined TCW through the acquisition of SG Cowen Asset Management in 2001. She had been a Senior Portfolio Manager at Cowen Asset Management since 1995 and continues in that role at TCW. She has over 40 years of investment experience. Before joining Cowen, she was Vice President and Portfolio Manager at Kidder, Peabody & Co from 1986 to 1995. Prior to that, she was Vice President at Lehman Management Company from 1985 to 1986 and an Equity Analyst with Prudential Insurance from 1982 to 1985. In 2007, Ms. Jaffee was named the Separately Managed Accounts Award winner in the Large Cap Equity category by Standard & Poor’s and its award partners Prima Capital and Investment Advisor magazine. The TCW Relative Value Large Cap and Mid Cap mutual funds have been each awarded Wall Street Journal’s “Category Kings” in their respective categories, multiple times in 2012. In 2013, the TCW Relative Value Large Cap mutual fund was ranked #1 fund for the first quarter and the #6 fund for the one-year period ending March 31, 2013 among Large Cap Value peers. Ms. Jaffee holds a BA in Economics from Wellesley College (1982). She has completed post-graduate work in Finance and Accounting at Rutgers University Graduate School of Management and is a CFA charterholder. Ms. Jaffee is also a member of CFA Society New York, the Economic Club of New York, and the CFA Society. 

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Mr. Spahn, Senior Analyst, specializes in the energy, industrials, materials, and utilities sectors. Mr. Spahn is Co-Portfolio Manager of the TCW Relative Value Large Cap strategy and fund. He joined TCW through the acquisition of SG Cowen Asset Management. In 2006, 2007, 2008, and 2021 Mr. Spahn earned the group’s highest merit bonus based on stock selection. He has 25 years of investment experience having begun his career at Cowen & Company in 1994 in the Information Technology Service Group before being promoted to Quantitative Analyst in 1996. A devotee of lean thinking to drive operational excellence in manufacturing and transactional environments, Mr. Spahn is the only professional on the buy-side to have completed the Shingo Institute’s Site Examiner coursework. Additionally, he earned a Certificate of Achievement in Lean Six Sigma from Villanova University. He has been assisting with the management of the Relative Value Large Cap investment discipline since 1998. Mr. Spahn graduated from Villanova University with a BS in Economics and minors in English and History and graduated with Honors from Fordham University with an MBA in Finance and Communications and Media Management.