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Sue Chester
Jose Jimenez
Carmen Lam
Christina Stavrinides

Including these new Partners, the 81 Albourne Partners have worked an average of 20 years in the finance industry, of which 15 years is working within Alternatives, and of which 9 years is with Albourne.

Albourne is also firmly committed to using equity participation as a way to both reward and align key individuals within the firm. No one since the firm was formed has received equity for joining. Awards reflect a proven contribution.

This year there will be six new recipients and one existing equity holder receiving an additional award.

The new recipients are:

Marianna Inston
Apostolos Katsaris
Patrick Lai
Jessica Lo
Kelly McKale
Devinder Sangha

The one existing recipient receiving an additional award is:

John Claisse

Including the above, 43 of Albourne's full time employees will participate in the firm’s equity. Albourne has no passive or external shareholders.

In other news, it was decided at yesterday’s board meeting, that Simon Ruddick will pass on the role of CEO of the Albourne group to John Claisse, with effect from 11 August 2015. This will give time for James Walsh to relocate to our San Francisco office. It was announced back in September 2014 that James Walsh was assuming the role of head of our Portfolio Group in part so as to be able to free up more of John Claisse's time with these new responsibilities in mind.

Simon Ruddick said: "It is my hope and intention that I will remain on the three person Executive Committee together with John Claisse and Guy Ingram for a further five years. I will also continue to serve as the Chairman of Albourne's Board of Directors.

Leading Albourne has been the defining honour of my career and nothing fills me with greater pride and optimism than to know that the company is now in the very safe and profoundly capable hands of my extraordinary colleague and very dear friend. John is completing the journey of the intern who had to build his flat-packed desk on his first day of work to managing a firm with a global footprint and very big dreams of how it can help its clients and try to improve the efficacy and efficiency of those markets that it is involved with.

I have always been deeply blessed in terms of the kindness and support that I have received from clients and colleagues alike. I can only hope that John enjoys the same. A client once referred to us as having an 'extreme culture'. I believe that today's announcement secures this culture, as well as our firm's values, well into the future."