Partners Capital Announces Rich Scarinci’s Appointment to Head of North America
Partners Capital, a leading Outsourced Investment Office managing $51B1 of assets for clients globally, has announced the appointment of Rich Scarinci as Head of North America.
In this role, Scarinci will work closely with the North American leadership team which includes Elizabeth Trotta, Adam Spence as Head of New York, Sud Murugesu as Head of San Francisco, and David Shushan as Head of Boston. He will continue his role on the Global Investment Committee and the Absolute Return & Credit asset class investment committee.
Scarinci joined Partners Capital from Blackstone Alternative Asset Management in 2016, where he was Managing Director and Co‐Portfolio Manager within the Hedge Fund Solutions Group.
“Rich has displayed unwavering commitment to our firm, and has consistently demonstrated excellence in his role on our Global Investment Committee and as a senior Client CIO in North America, managing the portfolios of many of our largest clients, both institutions and families”, said Arjun Raghavan, CEO. “His appointment to Head of North America forms an important part of our long-term succession strategy and I have no doubt that this will further strengthen our firm and best position us for continued success in serving our clients”.
“I am excited and honoured to be stepping into this role and to continue to expand our business in the North American region. We have the right team and expertise to continue to refine our investment strategy to deliver outperformance to our clients across a range of uncertain market environments” added Scarinci.
Scarinci succeeds Will Fox, who will remain a Partner of the firm, servicing his clients and managing their investment programs, in addition to serving on the Executive Committee.
“Throughout Will’s tenure as Head of North America, he has demonstrated exceptional dedication, strategic vision and commitment to our clients. Since joining the firm in 2003, he established our Boston office and has been the lead in building the US business to its present scale. We thank Will immensely for his contributions and look forward to him remaining a key part of our team”, said Raghavan.
1 As of 31 March 2023