David Barrett Partners continues to be active in senior investment and wealth management leadership hires.
In the News
The Mother Cabrini Health Foundation has selected Colin Ambrose as its first Chief Investment Officer. The New York-based foundation has $3.2 billion in assets, making it one of the country's largest grant-making foundations. In the role of CIO, Ambrose will be responsible for building an investment portfolio and an investment team. Ambrose joins Mother Cabrini from the UJA-Federation of New York where he served as CIO, a position he held since 2009. Executive recruiting firm David Barrett Partners facilitated the search.Details in Institutional Investor January 29, 2019
The Chan Zuckerberg Initiative (CZI) announced that David Lee will join the philanthropy as its first Chief Investment Officer in early 2019. In this role, Lee will oversee the $10 billion portfolio and will report to CZI’s investment committee chaired by Yale University CIO David Swensen. David Lee joins from the Princeton University Investment Company where he was a managing director. The Chan Zuckerberg Initiative was launched in 2015 by Facebook Co-founder Mark Zuckerberg and his wife Priscilla Chan, with a focus on accelerating progress on three core initiatives: science, education, and justice and opportunity. Executive recruiting firm David Barrett Partners facilitated the search.Details in Institutional Investor December 14, 2018
RPMI Railpen has appointed Ted Jennings to the newly created position of Senior Investment Manager for the pension's Private Markets team. In this role, Jennings will head the Defensive Team and will be responsible for Railpen's Long-term Income Fund, which launched in 2016 to look for returns from less liquid assets with more predictable cash flows. Railpen manages assets of the £28 billion ($36.6 billion) Railway Pension Scheme, London. Jennings comes to Railpen from Aviva where he was Portfolio Manager for the Alternative Income Solutions Fund.Details in Institutional Asset Manager September 19, 2018
RPMI Railpen announced that it has appointed Michelle Ostermann in the new position of Chief Fiduciary Officer, Investments. She will oversee investment strategy and risk appetite of the £28bn railway pension schemes and define the range of RPMI Railpen's internally managed pooled funds. Ostermann brings 25 years of experience in the Canadian pensions, investment and insurance industries to the role. Prior to this appointment, she served as the Senior Vice President, Corporate & Investor Relations at British Columbia Investment Management.Details in Investments & Pensions Europe September 12, 2018