Partners Capital, a major global investment firm, has opened its new office in Dallas, Texas, marking its fourth U.S. office and commitment to local clients. The firm aims to provide tailored investment solutions amid Texas’s thriving economy. With over $60 billion in assets and a dedicated team led by Texas head Olivia Newell, Partners Capital is set to tap into the growing demand for investment services in the region, enhancing connections with local investors and institutions.
Dallas, Texas, is buzzing with excitement as Partners Capital, a major global investment firm, has just thrown open the doors to its brand-new office in the heart of the Lone Star State. This is not just another corporate setting; it marks Partners Capital’s fourth office in the U.S. and its eighth globally. What a big deal for Dallas and the surrounding area!
This new office is more than an expansion; it signals a stronger commitment to local endowments, foundations, family offices, and private clients who are looking for tailored investment solutions. It seems that Texas is becoming quite the attraction for investment firms, and Partners Capital is eager to join the party. With over $60 billion in assets under management, the firm is ready to dive into the local market.
Why Dallas? Well, the city’s vibrant economy and increasing demand from private and institutional investors are key factors. The establishment of this office comes as regional investors seek out broad-ranging investment solutions and Outsourced Chief Investment Officer (OCIO) services. Partners Capital currently manages more than $30 billion in assets for U.S. clients, which includes prestigious education endowments and high-net-worth clients. Clearly, they see a worthy opportunity here.
Leading the charge in Texas is Olivia Newell, who will take on the role of Head of Texas. Joining her won’t be any small potatoes; Paul Dimitruk, the firm’s Co-Founder and Vice Chairman, will also play a crucial role in this Texas venture. With a strong team of 256 investment and client relations professionals backing them up, they are poised to tackle the unique needs of Texas investors. Olivia Newell has been with the firm since 2019, contributing her expertise to grow relationships with the firm’s largest clients.
It’s not a secret that Texas is on the rise, sporting the title of the eighth-largest economy in the world with a staggering value of over $2.6 trillion. Major cities like Houston, Dallas, San Antonio, and Austin are booming, particularly in essential sectors such as energy, healthcare, life sciences, aerospace, and investment. Given these dynamics, Texas is now identified as a strategic focus for Partners Capital as they aim to cement their presence in this lucrative market.
With an impressive global footprint that also includes offices in Boston, New York, London, San Francisco, Paris, Singapore, and Hong Kong, Partners Capital is ready to leverage its vast network of manager relationships across multiple asset classes. The firm’s leadership expresses excitement about this new chapter, anticipating deeper relationships with Texas-based clients and connections with investment partners.
Based on the momentum this firm is gaining and the growing Texas economy, it looks like Partners Capital’s new office might just become a hub of activity for investment trends and client services. They are not just another investment firm; they are here to make a meaningful difference to the Texas financial landscape. The journey is just beginning, and there are sure to be interesting developments ahead both for the firm and the clients who benefit from their investment expertise.
Dallas has officially welcomed another significant player into its thriving business community, and the excitement is palpable as everyone watches what comes next for Partners Capital and their Texas adventure!
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