Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013
Paul Jeffries, Institutional team, Permal Investment management services

7772

Permal hires first head of UK institutional business

RELATED TOPICS​

Permal Investment Management Services has appointed Paul Jeffries (pictured) to its institutional team, where he will be responsible for the Group’s UK Institutional business. Jeffries joins Permal on 1 June from Railpen Investments and will report to Roberto Giuffrida, Executive Vice President and Co Head Global Business Development.

 

At Railpen Investments, the UK railways pension scheme and one of the largest UK schemes, Mr Jeffries managed the GBP8 billion global equity multimanager portfolio, investing in both traditional and alternative managers. This role included research, monitoring and selecting new investment ideas. Before joining Railpen in 2005, Mr Jeffries worked at RMB International.

Permal Group is one of the oldest and most established alternative asset management firms in the world, offering a wide range of multi-manager and multi-strategy funds, including absolute and directional strategies. As one of the largest fund of hedge funds managers, Permal currently manages approximately USD23bn in alternative investments.

Roberto Giuffrida says: “Paul will be a valuable addition to our institutional team. This is a new role and shows our serious commitment to the UK institutional market. We have an established global institutional business across all client segments, namely pension, insurance, endowment/ foundation and sovereign, and last year brought on board Andrew Rozanov (former Managing Director and Head of Sovereign Advisory at State Street) to head our sovereign wealth advisory arm. Paul’s knowledge of the UK pensions market and his experience of managing investments for one of the largest UK pension schemes will certainly enhance our presence in the UK market and is a good example of how we are developing our business around the world.”

Latest News

Global index revenues increased 9.3 per cent in 2023, totalling a record USD5.8 billion, according..
Octopus Investments (Octopus) has announced it has launched a Natural Capital Strategy...
Research firm focused on Alternative UCITS funds, Kepler Absolute Hedge, has published its Market Intelligence..

Related Articles

Trends
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100 million deals announced this month alone...
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100..
Different flavours
In what is believed to be the first survey of its kind in the UK market, Nedgroup Investments, the investment-led, multi-boutique global asset manager with over USD20 billion under management, recently undertook a survey with 204 UK investment professionals, seeking insights into their perceptions and attitudes towards boutique asset managers...
In what is believed to be the first survey of its kind in the UK market, Nedgroup Investments, the investment-led,..
UK map
UK local government pension schemes (LGPS) are leading the charge on investment in private markets issuing tenders set to be worth billions of pounds in the coming years...
UK local government pension schemes (LGPS) are leading the charge on investment in private markets issuing tenders set to be..
The trend of private equity firms acquiring businesses in the professional services sector continues with CVC Capital Partners eyeing a possible buyout of EY’s Italian consulting branch...
The trend of private equity firms acquiring businesses in the professional services sector continues with CVC Capital Partners eyeing a..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by