Suzanne Streeter, Alex Band To Become Co-CIOs At Partners Capital
OCIO Partners Capital has 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. 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.
“Our Office of the CIO remains the key unit for investment strategy and oversight at Partners Capital and its evolution is critical in serving our growing global client base,” said Raghavan. “After a rigorous evaluation process of assessing both internal and select external candidates, our Partner group and Board members concluded that Suzanne and Alex’s combined experience and skillsets were ideally suited to the future demands of the CIO role. We firmly believe that together, they provide outstanding investment judgement, deep asset class knowledge and the team leadership necessary to continue driving strong levels of performance for our clients.”
Streeter joined Partners Capital in 2015. She most recently served as Head of Private Equity and Real Estate, leading the global research team responsible for manager selection and relationship management. She joined Partners Capital from Babson Capital Management, the investment management arm of MassMutual, where she led Private Equity investments in North America, Europe and Latin America. Previously, she spent five years on the Private Equity team at the Yale Investments Office and 10 years in investment banking at Morgan Stanley and Berkshire Capital, where she covered financial institutions and asset managers.
“Since joining Partners Capital over six years ago, I have been consistently impressed with the deep bench of top-tier talent and the firm’s meticulous approach to investing,” said Streeter. “It is an honor to co-lead the Office of the CIO with Alex, a partner who epitomizes the ethos of the firm with his intellectual rigor and unmatched global investment expertise.”
Band joined Partners Capital in 2013 and most recently served as Head of Public Equities where he covered long-only and long-short strategies and manager relationships. Prior to joining Partners Capital, he was a Vice President at Bain Capital in the global Private Equity group, overseeing investment due diligence, deal execution and portfolio management. Previously, Band was a Senior Associate Consultant at Bain & Company.
“I am thrilled to join Suzanne, a partner who I have the utmost respect and admiration for given her deep knowledge and experience within global private markets,” said Band. “We are excited to work together as Co-CIOs to continue to enhance our investment program and drive superior levels of performance for our clients.”
Pan is stepping down in August to pursue an entrepreneurial endeavour.
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