Country for PR: United States
Contributor: PR Newswire New York
Wednesday, July 14 2021 - 18:00
AsiaNet
Partners Capital Adds to its Board of Directors with the Appointment of Four Global Investment Executives
LONDON and BOSTON, July 14, 2021 /PRNewswire-AsiaNet/ --

- Top executives from institutional and private investment firms including 
Apollo, Makena, Rothschild Foundation and Hoegh Capital Partners join 
distinguished Board of global OCIO

Partners Capital ( 
https://c212.net/c/link/?t=0&l=en&o=3226762-1&h=2451599414&u=https%3A%2F%2Fpartners-cap.com%2F&a=Partners+Capital 
), a leading global Outsourced Investment Office, today announced the 
appointments of Sanjiv Misra, David Burke and Brad Fried to its Board of 
Directors. Martine Holter has been named as a Board Adviser. 

Photo - 
https://mma.prnewswire.com/media/1573725/Partners_Capital___New_Board_Directors.jpg


Logo - https://mma.prnewswire.com/media/1421509/Partners_Capital_Logo.jpg 

These additions to the Partners Capital Board represent the most significant 
changes to its membership since 2005 when Lord Rothschild and Sir Ronald Cohen 
made their strategic investments in the business. The changes coincide with 
last year's generational leadership changes when Arjun Raghavan was appointed 
Chief Executive Officer. After 19 years as CEO and Co-Founder Stan Miranda took 
the role of Chairman, and Paul Dimitruk became the Senior Partner. Both 
continue full-time engagement in the business, with Stan focused on key 
strategic initiatives including the build-out of the West Coast office and the 
firm's ESG investment strategy, working closely with Kristen Weldon the firm's 
global head of ESG and Impact Investing.  

While the working partners continue to retain majority ownership and control of 
the firm, the strengthening of the Board with the addition of the external 
directors reflects an important milestone in the business.

CEO Arjun Raghavan said, "The next generation of management are taking a 10 to 
20 year perspective on how best to reinforce the firm's leadership position in 
the growing outsourced investment management business in a manner that 
successfully delivers higher levels of investment performance to our global 
client base." Raghavan added that "this will require an accelerated transition 
from a traditional US endowment model towards a hybrid model that will access 
high quality investments through a wider palette of manager partnerships, 
co-investments and selected direct investments. This continued evolution to a 
hybrid model is what we refer to as PRMEA or the Partners Risk Managed 
Endowment Approach."

"As we continue to strengthen our business globally to best serve leading 
institutions and families, we are delighted to welcome global investment 
leaders Sanjiv, David, Brad and Martine to our Board of Directors," said Stan 
Miranda, Co-Founder and Chairman of Partners Capital. "The new Board members 
were hand-picked for their experience in helping us achieve our vision over the 
coming decade. Their vast experience with distinguished financial institutions 
will also help us fortify our corporate governance and internal risk management 
processes in the face of growing complexity of the investment world." 

The profiles of the new members are set out below:  

-- Sanjiv Misra is an Independent Advisor and Chairman of the Asia Pacific 
Advisory Board for Apollo Management, the global private equity and alternative 
asset management firm. He also holds several additional board seats and is 
President of Phoenix Advisors Pte Ltd, a boutique advisory and principal 
investing firm. Sanjiv spent his career in investment banking at Goldman Sachs 
and Citigroup, most recently as Head of Citigroup's Asia Pacific Corporate Bank 
till 2008. Sanjiv's appointment brings valuable experience and insight on Asian 
markets as Partners Capital look to deepen its investments business in the 
region.
  
-- David Burke brings a different perspective on the Outsourced CIO business 
which he pioneered as the Co-Founder and Chief Executive Officer of Makena 
Capital, based in San Francisco. David also brings extensive private equity and 
venture capital leadership experience. He is currently the Chairman and CEO of 
Selby Lane, a specialty finance company that provides capital and expertise to 
top investment and asset management firms.
  
-- Brad Fried is the current Chair of the Court of Directors of the Bank of 
England and the Co-Founder of private investment firm Grovepoint Capital. Brad 
is the former Chief Executive Officer of Investec Bank and current Chair of the 
Rothschild Foundation Hanadiv Europe. Brad will bring important macroeconomic 
insights to the Board and will provide an eye to good governance across the 
organisation.
  
-- Martine Holter is the Chief Executive Officer of Hoegh Capital Partners 
(HCP), a family investment office co-located in London and Oslo which oversees 
the investment interests of the Hoegh family. Martine is also a board member of 
several Hoegh-controlled direct investments, private and public. Prior to HCP, 
she was Chief Operating Officer of venture capital firm Arts Alliance Advisors, 
a management consultant at McKinsey & Company in London and an investment 
banker at Goldman Sachs in New York and Hong Kong. 

Other members of Partners Capital's Board of Directors include independent 
directors Rosalind Hewsenian (CIO, Helmsley Charitable Trust), Rich DeMartini 
(Vice Chairman, Crestview) and Board Adviser Jeremy Sillem (Managing Partner, 
Spencer House Partners). Also on the Board are members of the firm's senior 
leadership – Stan Miranda, Arjun Raghavan, Paul Dimitruk, John Collis and 
William Fox. The firm's global Chief Operating Officer, Toby Seth, will carry 
on as a Board Advisor.     

About Partners Capital
Founded in 2001, Partners Capital is an independent Outsourced Investment 
Office (OCIO) primarily serving sophisticated institutions and senior 
investment professionals in Europe, North America and Asia Pacific. With 
offices in Boston, New York, London, Singapore, Hong Kong, San Francisco and 
Paris, the firm is one of the few truly global OCIOs, employing 230 people 
worldwide and covering all major asset classes. The firm oversees assets in 
excess of $40 billion.[1] Additional information on Partners Capital may be 
found at http://www.partners-cap.com.

Contact 
Prosek Partners for Partners Capital 
Pro-PartnersCapital@Prosek.com 

[1] As at March 2021

SOURCE  Partners Capital  
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