Partners Capital Opens West Coast Office

BOSTON and LONDON, December 12, 2018 /PRNewswire/ --

-- The only truly global Outsourced Investment Office, Partners Capital, finally opens its San Francisco office in its 18^th year of operation to be headed by a young alum from its London office --

-- "With its key hubs in London, Boston and Singapore, Partners Capital's CEO Stan Miranda concedes against his historical preference for fewer offices and returns to his home state of California to spearhead building out a West Coast presence focused on its core clients of foundations, endowments and wealthy investment professionals" --

Partners Capital, the $24 billion assets under management Outsourced Investment Office acting for endowments and foundations and ultra-high-net-worth families in Europe, North America and Asia, today announces the planned opening of its West Coast office in July 2019 to be headed by Sudharshan ("Sud") Murugesu. Sud joined Partners Capital in 2013 after five years of principal investing roles with private equity firm Bain Capital and hedge funds Marshall Wace and Vantage Investment Management. Sud is a graduate of Cambridge University where he was an academic scholar.

In 2017, Partners Capital supported Sud's entry to Harvard Business School, from which he will graduate from in 2019 and move to San Francisco. However, as discussed in a recent Bloomberg interview with Partners Capital Founder and CEO, Stan Miranda, the firm is keen to accelerate its activities on the West Coast and Stan himself has already relocated part-time to the region. Stan will be working with one team member who has been located in San Francisco over the past two years supporting its existing West Coast clients plus several team members who will be relocating from other Partners Capital offices.

Stan Miranda, Founder and CEO of Partners Capital, said, "Building out our West Coast presence is the highest strategic priority in the firm today given the role technology will play in the investment world. Asset managers across every asset class should be transforming their businesses in terms of how they source, analyze, and manage their portfolios of investments. Every private and public equity investor is looking at companies through more of a 'technology lens' as they attempt to ascertain ahead of others who will be the winners and losers from digital transformation. To fully appreciate the pace and scale of this transformation, we must have a physical presence in the Bay Area."