Partners Capital announces appointment of new CEO
Partners Capital Investment Group, a global outsourced investment office, has announced the appointment of Arjun Raghavan as its new CEO.
Raghavan has taken over the position from Stan Miranda, who in turn has taken on the role of an Executive and Chairman, according to a press release.
In his new role, Miranda will retain his existing client responsibilities whilst also supporting Raghavan, as well as the firm’s other 13 partners.
Raghavan joined Partners Capital in the London office in 2007 from a Goldman Sachs hedge fund spin-out and was promoted to Partner within three years of joining. He has reportedly played a critical role in evolving Partners Capital's investment strategy, known as the Partners Capital Risk Management Endowment Approach (PRMEA), as well as in founding and managing the firm's USD4 billion flagship multi-asset class vehicle, The Master Portfolio.
In 2013, Raghavan relocated to Hong Kong, and subsequently to Singapore, to build the Asian business while carrying on with his global investment responsibilities.
Arjun Raghavan, CEO, Partners Capital Investment Group, said: “It is an absolute honour to be given the opportunity to lead such a high calibre team into the next critical phase of our firm's strategic development.”
He emphasised a continued focus on investment innovation and growing the diverse global talent pool as being critically important to delivering persistent long-term outperformance to clients.
Stan Miranda, Chairman, Partners Capital Investment Group, said: “In the last few months, Arjun has quickly come to grips with what it takes to lead a dynamic global investment firm and I have no doubt that under Arjun's leadership our investment capabilities will go from strength to strength.”
Raghavan has already started to expand the senior leadership team across all key geographies, according to the press release. In North America, David Shushan has been appointed as the Head of the Boston office, while Will Fox continues in his role as Head of North America, with oversight of all three US offices (Boston, New York and San Francisco). Targeted senior hiring is also in progress across US, Europe and Asia to deepen the firm's relationships with institutional family offices and further bolster its capabilities in the area of ESG and Impact Investing.
Raghavan is currently based in Singapore, and will be relocating to London at the end of 2020. He will continue to oversee the firm's operations in Asia along with Adam Watson, who will Co-Head the region from Singapore. Adam has been with the firm for almost 11 years and relocated from London in 2013 with Arjun to build the firm's Asia presence. He is supported by Dominik Burckgard, who is a Senior Principal overseeing the firm's Hong Kong office.
Recommended news