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Partners Capital Announces Expansion of Office of the CIO with Two Internal Appointments
LONDON and BOSTON, May 11, 2021 /PRNewswire/
Partners Capital, a leading global Outsourced Investment Office, announced that Suzanne Streeter and Alex Band will be succeeding Colin Pan as the firm s Global Co-Chief Investment Officers, effective 1 July.
Co-CIOs Streeter and Band are partners at the firm and were previously the Asset Class Heads of Private Equity and Public Equities, respectively. The firm will announce their successors shortly. Streeter and Band will join Chairman Stan Miranda, Head of Global Macro and Tactical Asset Allocation Kamran Moghadam, and Chief Executive Officer Arjun Raghavan in the Office of the CIO, which oversees the firm s overall investment strategy and policies.
Partners Capital chooses 2 successors to replace outgoing global CIO
Partners Capital chooses 2 successors to replace outgoing global CIO
Suzanne Streeter and
Alex Band have been named global co-chief investment officers of outsourced CIO firm Partners Capital, a company spokeswoman confirmed in an email.
Effective July 1, they replace
Colin Pan, who will leave the firm in August to pursue an entrepreneurial endeavor, according to a news release.
Ms. Streeter and Mr. Band will oversee the firm s overall investment strategy and policies. They will report to CEO
Arjun Raghavan.
They are both partners at the firm and were previously the asset class heads of private equity and public equities, respectively. The firm will announce their successors in due time.
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Outsourced-CIO firm Partners Capital has found a replacement for outgoing chief investment officer Colin Pan. Two replacements, that is.
Partners Capital, which oversees $40 billion in assets, has promoted Suzanne Streeter and Alex Band to the roles of co-CIOs, beginning on July 1. The company expects to announce the new CIOs on Tuesday.
Pan, who had been the company’s CIO since 2016, is leaving to set up his own investment firm,
Institutional Investor reported in February. The news came after Partners Capital had a “best-ever year” for performance. Partners Capital’s portfolio outperformed its benchmark by 450 basis points net of the highest fee level, according to a March interview with Arjun Raghavan, CEO.
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