NEW YORK, Sept. 25, 2018 /CNW/ -- First State Investments, a global asset manager offering investment capabilities across a range of specialist investment sectors covering fixed income, infrastructure, equities and multi-asset, today announced several senior appointments to its Americas Distribution team to support the firm's ambitions to grow its footprint in the Americas.
Based in New York, the three new Senior Directors are Lawrence Paltrowitz, Lynda Petrossian and Hillary Ripley:
- Lawrence Paltrowitz joins from Shenkman Capital Management, where he brings over 20 years of experience in the financial services industry. At Shenkman Capital Management, Lawrence was responsible for asset raising primarily for the firm's high yield strategies, which included all aspects of business development. Lawrence has a broad background across fixed income, having started his career as a Fixed Income and High Yield Analyst in 1995.
- Lynda Petrossian brings more than 20 years of experience in the investment sales and marketing field. Joining from ILS Capital Management, Lynda brings significant investment experience and a strong track record of raising capital across a range of strategies and vehicles. Prior to that, Lynda worked for K2 Advisors, a Fund of Funds, and MacKay Shields.
- Hillary Ripley brings more than 20 years of experience in investment management, with a focus on business development for infrastructure strategies. Hillary joins from Macquarie Infrastructure and Real Assets, where she served as a relationship manager and infrastructure product specialist. Prior to that, Hillary worked at IFM Investors in business development for IFM's Global Infrastructure Fund.
"The US remains an important growth market for First State Investments. To be effective we need an experienced team of practitioners with strong local ties, and with a track record of success in providing investment solutions to US and Canadian investors," commented Heather Brilliant, Managing Director, Americas at First State Investments.
"As an investment-led organization first and foremost, Lynda, Lawrence and Hillary are adept at working not just with clients, but with investment teams themselves, to develop solutions to meet the ever-changing investment needs of investors. I am pleased to welcome such experienced practitioners to the team, and I look forward to working with them to help fuel our growth ambitions in this market."
Lynda, Lawrence and Hillary all started at First State Investments in the last three months, joining Bachar Beaini and Randy Paas, and the team reports directly to Heather.
About First State Investments
First State Investments is a global asset manager with established offices across Europe, the US, Middle East, and Asia Pacific regions. First State Investments manages $157bn (as at 30 June 2018) on behalf of institutional investors, pension funds, wholesale distributors, investment platforms, financial advisers and their clients worldwide.
First State Investments offers investment capabilities across a range of asset classes and specialist investment sectors covering equities, fixed income, multi-asset and direct infrastructure. Its approach to investment is driven by a commitment to provide the best possible outcomes over the long term for investors.
First State Investments (US) LLC is an investment adviser registered with the US Securities and Exchange Commission.
This press release is intended for information only, aimed solely at the media and should not be further distributed to individual and/or corporate investors, and financial advisers and/or distributors. The information included within this document and any supplemental documentation provided should not be copied, reproduced or redistributed without the prior written consent of First State Investments.
SOURCE First State Investments
For further information: Marisa Fraimow, FTI Consulting, +1.212.850.5686, [email protected], http://www.firststateinvestments.com