Stonepeak, a $73bn (£53.5bn) asset manager specialising in infrastructure and real assets, has appointed Cindy Marrs as a senior advisor to support the growth of its wealth solutions platform, Stonepeak+.
Marr has more than 30 years of wealth management expertise at $1.3tn asset manager Wellington Management, where she most recently served as partner, global head of wealth management, and participated on the firm’s eight-member executive committee.
The New York-headquartered firm said that Marr built an exceptional track record over the course of her career at Wellington, playing key roles in opening the firm’s London office, overseeing the US sub-advisory business, and building the global wealth management business.
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“We see a massive opportunity to bring private infrastructure – an asset class defined by its resilience and backed by meaningful global megatrends – to the wealth channel,” said Luke Taylor, co-president of Stonepeak. “We look forward to benefiting from Cindy’s deep experience, entrepreneurial approach, and invaluable perspective.”
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Marrs added: “The importance of private infrastructure investment is becoming increasingly apparent, given the tremendous amount of capital needed to sustain and improve the essential services that underpin our daily lives.
“Stonepeak has distinguished itself as a truly differentiated player in this space through its sector and sourcing expertise, global footprint, focus on downside protection, and operational value-add capabilities.
“I am thrilled to be working with Cyrus [Gentry] and the rest of the talented Stonepeak+ team to bring the strength of the broader Stonepeak platform to the wealth channel.”
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