Partners Capital Names Blackstone's Scarinci as New Partner

Jul 26 2016 | 10:54am ET

Outsourced investment office Partners Capital is serving sophisticated institutions and senior investment professionals in Europe, North America and Asia, announced that Richard Scarinci will join its senior management team in September 2016 as a partner.

He most recently was a managing director and a co-portfolio manager within the hedge fund solutions group Blackstone Alternative Asset Management.

Scarinci will help lead Partners Capital’s efforts to serve its $6 billion of existing individual and institutional clients in North America and support the firm’s global research efforts to identify the best managers of active liquid investment strategies, according to the company.

Chief Executive Officer of Partners Capital Stan Miranda, said in a statement, “In the increasingly challenging investment environment, rigorous selection of active asset managers is more important than ever, so we are excited that Rich will be joining Partners Capital’s partner group.”

Founded in 2001, Partners Capital is a wholly independent outsourced investment office primarily serving institutions and senior investment professionals in Europe, North America and Asia. With offices in Boston, New York, London, Singapore and Hong Kong, the firm oversees assets of more than $17 billion as of June 30, 2016.


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