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Deals & People December 22, 2010
ProManage Names New Chief Investment Officer
ProManage, a firm that provides customized managed accounts, participant advice, plan metrics, and consulting services to defined contribution plan sponsors, has named a new CIO.
Reported by PLANADVISER Staff
Carl Londe, CEO and Tony Sabos, President of ProManage, LLC, have announced that Patrick Bourbon, CFA, has been promoted to Chief Investment Officer.
Bourbon joined ProManage with almost a decade as a portfolio manager and analyst at UBS Global Asset Management/Brinson Partners specializing in equity markets. At UBS, he co-managed and optimized two global technology funds, and co-created the new quantitative trading strategy. He also conducted fundamental research and financial due diligence on global technology companies, according to the announcement.
Bourbon earned his CFA designation in 2003. He received his Masters in Finance from the Illinois Institute of Technology in Chicago and his Masters in Engineering at EPF Ecole d’Ingenieurs in Paris.
Londe and Sabos noted, “Patrick has proven himself to be worthy of the CIO position. He has brought a whole new level of discipline and sophistication to our investment function. We are particularly pleased with his ability to leverage resources outside of ProManage, including his consultant and academic network of contacts, to help us service our clients.”
Chicago-based ProManage was founded in 1998.