AMITA SCHULTES JOINS PERELLA WEINBERG PARTNERS AGILITY AS MANAGING DIRECTOR
New York and Denver – October 26, 2017 – Agility, the Outsourced Chief Investment Officer business of Perella Weinberg Partners (PWP), today announced Amita Schultes, PhD has joined the Firm as a Managing Director. Dr. Schultes, who will be based in New York, will be a member of Agility’s Investment Team, working with endowments and foundations and other institutional clients across the United States.
Dr. Schultes joins Perella Weinberg Partners from Colonial Consulting where she was a Partner, Managing Director and Senior Consultant. In this role she served as the sole investment consultant to numerous non-profit institutional investors and pension plans, advising clients on the management of their investment portfolios. Previously, she was a Senior Consultant at Ibbotson Associates where she developed asset allocation programs for asset management companies, insurance companies and broker dealers. Dr. Schultes began her career at Salomon Smith Barney.
Chris Bittman, Agility CEO and CIO and Partner at PWP, stated, “There has been tremendous growth in investment outsourcing as endowments and foundations increasingly look to build more diversified portfolios amid volatile and complex markets. We are excited to have Amita join the Agility team. Her experience and skills will be invaluable to our clients as we develop customized investment solutions to meet their unique needs.”
Amita Schultes stated, “Agility has positioned itself as a leading OCIO provider with a disciplined investment process and a true partnership with their clients. I look forward to working with my colleagues and leveraging my experience to contribute to the success of our team.”
About Perella Weinberg Partners Agility
Perella Weinberg Partners Capital Management LP Agility is a leading provider of unique outsourced investment solutions. With approximately $8.6 billion in assets under management, Agility works with a diverse, global client base, including endowments, foundations, family offices, corporations, and other pools of capital. Since 2007, Agility has specialized in creating investment programs tailored to the specific needs of clients that address complex challenges and meet individual investment objectives. Agility has been named “Outsourced CIO of the Year” by Institutional Investor three out of the past four years.
About Perella Weinberg Partners
Perella Weinberg Partners is a leading independent, client-focused financial services firm providing advisory, asset management and energy securities research, underwriting and trading services to a broad, global client base, including corporations, institutions and governments. Together with its affiliates, the Asset Management business has capital commitments and managed assets of approximately $13.3 billion. With more than 650 employees, Perella Weinberg Partners maintains offices in New York, Houston, London, Abu Dhabi, Denver, Dubai, San Francisco, Calgary, and Los Angeles. For more information on Perella Weinberg Partners, please visit http://www.pwpartners.com.