IRVINE, Calif., July 19, 2016 /PRNewswire/ -- Pacific Alternative Asset Management Company ("PAAMCO"), an alternative investment management firm, today announced that Carrie McCabe has joined the firm as Managing Director. Ms. McCabe will work on new business initiatives and special projects.
"Carrie has deep business development, investment and product development skills, and will be a tremendous asset to PAAMCO," said Jane Buchan, Chief Executive Officer of PAAMCO. "We have known her for years and are delighted to have her aboard as we continue to expand and build the firm."
"I have long been an admirer of PAAMCO, with its deep bench of leadership and talent and its marquis institutional client base," said Ms. McCabe. "I have worked with Jane and her team on various business initiatives over the years and am looking forward to contributing to the firm's continued success."
Ms. McCabe has held leadership roles at several alternative asset management firms over the course of her 30 years in the industry. She has served as Chief Executive Officer of Lasair Capital, Financial Risk Management, and Blackstone Alternative Asset Management. Most recently Ms. McCabe was a Senior Advisor to McKinsey & Company working with their Asset Management and Private Equity practices and clients.
Ms. McCabe holds an MBA from Harvard University and a B.A. in Economics from Stanford University.
PAAMCO, which manages over $10 billion in discretionary assets and advises on an additional $12 billion in assets, is a leading institutional investment firm dedicated to offering alternative investment solutions to the world's preeminent investors. Since its founding in 2000, PAAMCO has focused on investing on behalf of its clients while striving to raise the standard for industry-wide best practices.
Headquartered in Irvine, California with a global footprint that extends across North America, South America, Europe and Asia, PAAMCO's clients include large public and private pension funds, sovereign wealth funds, foundations, endowments, insurance companies and financial institutions. The firm is known for its completeAlpha™ approach to hedge fund investing which focuses on delivering performance from early-stage opportunities, controlling costs and protecting client assets. In addition, it offers long-only active equity investing in emerging markets through its PAAMCO Miren division.
Steve Bruce/Mary Beth Grover
203 992 1230
SOURCE Pacific Alternative Asset Management Company