Partners Capital

We are pleased to welcome our 2026 US Analyst Class to our Boston, San Francisco and Dallas offices! Our 10 new analysts are joining our Client CIO, Public Markets Research and Private Equity Research teams, where they will work alongside colleagues across the firm while developing the skills and experience that will underpin their careers. Joining us from leading universities across the US, they bring a broad range of academic backgrounds and perspectives to Partners Capital. We look forward to supporting their development and wish them every success as they begin their careers with the firm.

A warm welcome to Partners Capital's 2026 London Summer Interns! Our interns are joining our Client CIO and asset class research teams, where they will gain hands-on experience working alongside our investment professionals, whilst contributing to the work we do on behalf of our clients. We are excited to have you with us and look forward to seeing all that you accomplish this summer!

As some of the world's largest private AI companies prepare to enter public markets, investors face a bigger question than whether any single IPO - like SpaceX - is fairly valued: where will the capital come from for this next wave of IPOs?   In our latest Inflections, we examine what this next AI IPO wave could mean for market leadership, equity returns and portfolio positioning and why we continue to see AI infrastructure as a compelling long-term opportunity. Read the full article via the link in the comments.

Last week, members of our Partners Capital Boston team had a great evening at the 2026 J.P. Morgan Corporate Challenge! 🏃♀️🏃♂️ Thank you to everyone who took part and came out to support the team. We're already looking forward to next year!

How are investors navigating opportunities in specialty finance as capital continues to flow into the sector? At this year's SuperReturn, Partners Capital's Head of Credit Emma Bewley joined a panel discussion to share an allocator's perspective on where both opportunities and risks are emerging. As new capital enters the market and spreads remain tight across much of public and private credit, Emma emphasised that success is increasingly tied to manager selection and underwriting discipline. With more managers entering the space and expanding into new areas, rigorous due diligence and risk assessment remain critical to identifying opportunities and achieving diversified returns in a competitive market.

Partners Capital has opened its Zürich office, marking an important milestone in the Firm’s continued global expansion and its long-term commitment to Switzerland. As our 11th global office, Zürich strengthens our presence in one of the world’s most sophisticated investment markets and reflects the longstanding relationships we have built with Swiss families, institutions and investment professionals. The office will be led by Jean-Claude Garo, Head of Switzerland. Read more: https://lnkd.in/eCW9_vSJ

At iCapital Engage Hong Kong last week, Managing Director Joe Basrawy joined a panel discussion on the forces reshaping private markets across Asia. The discussion highlighted several themes that we believe will shape the next phase of value creation, including the growing importance of operational excellence as a driver of returns, AI-driven business transformation, the continued maturation of Asia's private equity markets and founder-led succession opportunities across the region. Thank you to Edwin Chan for moderating an insightful discussion and to iCapital for convening industry leaders from across the region.

A warm welcome to Partners Capital’s 2026 US summer internship class! Last week marked the start of our US Summer Internship Program, with eight interns joining our Client CIO teams across our four US offices. Over the coming weeks, they will gain hands-on experience working alongside our investment professionals, and contributing to the work we do on behalf of our clients. Welcome to the firm. We’re excited to have you with us and look forward to seeing all that you accomplish this summer.

Earlier this week at PEI's Women in Private Markets Summit: North America, Jennifer Fox Bensimon, CFA joined fellow industry leaders to discuss the state of play in private equity and share an allocator's perspective on navigating an increasingly complex market. The conversation focused on the impact of geopolitical and macro headwinds reshaping the US PE market, the fundraising implications of the current climate, and the key characteristics LPs are looking for when assessing GP partners to co-invest with. Against this backdrop, the panel also explored which businesses are best positioned for investment, emphasizing the importance of targeting banded risk-return frameworks that protect the downside, rather than reaching for outsized upside. 

What if inflation proves more persistent than markets expect? In a recent Inflections piece, Kamran Moghadam, Partner and Head of Global Macro and Tactical Asset Allocation, explores the forces that could keep inflation and interest rates higher for longer, including geopolitical fragmentation, supportive fiscal policy, and the inflationary effects of the AI boom. As bond yields rise and, in some cases, surpass equity earnings yields, the traditional stock-bond relationship may be changing. In this environment, resilient, well-diversified portfolios are more important than ever. Read the full piece: https://lnkd.in/e7dpSR3y