Nathaniel Jones
About Nathaniel Jones
Nathaniel T. Jones (year of birth: 1979) serves as Vice President and Treasurer of JLS with an indefinite term and length of service since 2016. He is a Senior Managing Director at Nuveen and at Nuveen Fund Advisors, LLC, and is a Chartered Financial Analyst (CFA) . The fund’s proxy states the Funds have no employees and officers receive no compensation from the Funds (the CCO’s compensation is paid by the Adviser), and it does not disclose officer-specific TSR, revenue, or EBITDA performance linkages, limiting pay-for-performance evaluation for fund officers .
Past Roles
| Organization | Role/Title | Years | Strategic Impact |
|---|---|---|---|
| Nuveen | Vice President | 2011–2016 | — |
| Nuveen | Senior Vice President | 2016–2017 | — |
| Nuveen | Managing Director | 2017–2021 | — |
| Nuveen | Senior Managing Director | 2021–Present | — |
| Nuveen Fund Advisors, LLC | Managing Director | 2015–Present | — |
| JLS (Fund Officer) | Vice President and Treasurer (indefinite term) | 2016–Present | — |
External Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| CFA Institute | Chartered Financial Analyst (credential) | Not disclosed | Professional credential disclosed in proxy |
Fixed Compensation
- Officers receive no compensation from the Funds; the proxy does not disclose base salary, target bonus, bonus paid, or perquisites for fund officers (compensation for the CCO is paid by the Adviser and partially reimbursed) .
Performance Compensation
| Metric | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|
| Not disclosed for fund officers in the proxy | — | — | — | — | — |
Equity Ownership & Alignment
- Beneficial ownership as a group: As of February 18, 2025, the Board Members and executive officers as a group beneficially owned less than 1% of the outstanding shares of each Fund .
- Individual officer holdings, vested versus unvested, options and RSUs, pledging/hedging, and ownership guideline compliance for officers are not disclosed in the Fund’s proxy .
Employment Terms
- Position and tenure: Vice President and Treasurer; term of office is indefinite; length of service since 2016 .
- Employment/compensatory arrangements: The Funds have no employees and officers serve without any compensation from the Funds; no officer-specific employment agreements, severance, or change-in-control terms are disclosed in the Fund’s proxy .
- Non-compete, non-solicit, garden leave, consulting arrangements: Not disclosed in the Fund’s proxy .
Investment Implications
- Pay-for-performance assessment is limited: officer compensation is not paid by the Fund and is not disclosed in the Fund’s proxy, preventing analysis of base/bonus levels, incentive metrics, vesting schedules, and severance/change-in-control economics for Mr. Jones .
- Alignment and ownership: With officers and directors as a group owning less than 1% of outstanding shares in each Fund, direct fund-level ownership alignment appears limited; no officer-level pledging or hedging information is provided .
- Tenure and credentials: Mr. Jones’ long-serving tenure as Treasurer since 2016 and Senior Managing Director status at Nuveen indicate continuity in fund treasury/administration leadership and professional credentials (CFA), but the proxy offers no officer-specific performance metrics or incentive outcomes to gauge execution risk or retention incentives .
Note: For deeper insight into compensation alignment, retention risk, and trading signals, investors would need adviser-level disclosures (Nuveen/TIAA) or Form 4 filings specific to Mr. Jones; the JLS fund proxy does not include these officer compensation or insider trading details .