Partners Capital's Co-CIO Joins Johnson Dynasty's Family Office

Editorial Staff

30 January 2023

Partners Capital's co-chief investment officer Suzanne Streeter is leaving the outsourced CIO business to work at Devonshire Investments, the family office looking after the wealth of the Johnson dynasty, founders and controllers of Fidelity Investments, the Boston-based asset management powerhouse.

Partners Capital confirmed the report to FWR when asked. The story originally appeared in Institutional Investor.

In her new role, Streeter will be president and chief investment officer at the US organization, where she will manage about $20 billion in private market direct investments, the report, citing a letter it had seen, said.

“We wish Suzanne every success in her new and distinguished role. She was key to building and executing our world-class private markets programs as Head of Private Equity and Real Estate, the role John Beil assumed last year and will continue to lead. Alex Band will continue his role as chief investment officer in the Office of the CIO which also includes Chairman Stan Miranda, head of global macro and tactical asset allocation Kamran Moghadam, and chief executive officer Arjun Raghavan, collectively responsible for overseeing the firm’s overall investment strategy and policies," Partners told FWR in an emailed statement today.

Streeter joined Partners in 2015 as its head of private equity and real estate. In 2021, she was promoted to co-CIO, serving alongside Alex Band, as reported here. Before Partners, she worked at Babson Capital for more than two years.