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Robert (Bob) Discolo Benedicte Gravrand, Opalesque Geneva: After a break from fund management, Robert (Bob) Discolo joined the Permal Group as Executive Vice President, Investments, on 1st July.
Permal, a pioneer in multi-manager, multi-strategy investments, was established in 1973 with the launch of its first fund of funds to provide European investors with access to U.S.-based investment managers. The global alternative asset manager now offers investment solutions through established funds and customized portfolios, with approximately $22 billion in AuM, investments team in New York and London, and additional investment resources in Singapore and Paris. Permal is part of the Legg Mason Group of Companies.
Discolo has over 25 years’ experience with major financial institutions in various capacities relating to investment products, primarily managing hedge fund and private equity portfolios. Until January 2014, he was Managing Director of Alternative Investments and Head of Hedge Fund Strategies at PineBridge Investments LLC, the former asset management arm of AIG Investments. Mr. Discolo held a similar position at AIG Investments from 1999 to 2010 when the asset management business was sold and Pinebridge Investments was formed. At its peak, Mr. Discolo and his team managed over $10 billion in 40+ portfolios for over 100 institutional and high net worth clients as well as AIG’s proprietary accounts. Previously, he held positions at ...................... To view our full article Click here
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