Key Takeaways
- • Preserver Partners LLC, a Memphis-based, diverse-owned and woman-led alternative investment management firm, has hired Caroline Lovelace as Chief Investment Officer, according to a Business Wire press release dated May 16, 2023.
- • Lovelace joined the firm in April 2023 and serves as CIO and Co-Portfolio Manager, overseeing all investments for the firm's managed portfolios, including portfolio construction, manager selection and risk management.
- • Lovelace previously held portfolio manager and director of research roles at Rose Hill Park Alternative Asset Managers, Pine Street Alternative Asset Management, and Provident Group Asset Management, and holds a B.A. in Economics from Harvard and an MBA in Finance from The Wharton School.
- • The appointment follows the unexpected death of founder Dr. Floyd Tyler, Jr., in early 2023, with CEO Dana Pointer stating the firm will continue its strategy with transparency and diligence.
- • Preserver Partners manages opportunistic multi-strategy funds for institutional and accredited investors, including private funds, a separately managed account and the liquid alternative mutual fund Preserver Alternative Opportunities Fund.
Summary
Preserver Partners LLC, an alternative investment management firm based in Memphis, Tennessee, announced the hire of Caroline Lovelace as Chief Investment Officer, according to a Business Wire press release. The firm describes itself as diverse-owned and woman-led. Lovelace joined the firm in April 2023 and serves as CIO and Co-Portfolio Manager, overseeing all investments for the firm's managed portfolios with a focus on portfolio construction, manager selection and risk management.
Lovelace's prior roles include portfolio manager and director of research positions at Rose Hill Park Alternative Asset Managers, Pine Street Alternative Asset Management, and Provident Group Asset Management. She earned a B.A. in Economics from Harvard University and an MBA in Finance from The Wharton School of the University of Pennsylvania.
The announcement also honors the memory of founder Dr. Floyd Tyler, Jr., who died unexpectedly in early 2023. Dana Pointer, who joined the firm at its inception in 2010 and serves as CEO, oversees business development, strategic planning, compliance and investor relations. Pointer said the firm continued the founder's strategy with transparency and diligence following his passing, and stated that the firm is focused on continued growth. Lovelace said she will build on the firm's long track record while serving investors with integrity and a commitment to excellence.
Founded in 2009, Preserver Partners manages investor capital for pension plans, endowments, foundations, corporations, family offices and individual investors. Its offerings include opportunistic multi-strategy private funds, a separately managed account and the liquid alternative mutual fund Preserver Alternative Opportunities Fund. The press release states that it is informational only and does not constitute an offer or solicitation.
Lovelace's prior roles include portfolio manager and director of research positions at Rose Hill Park Alternative Asset Managers, Pine Street Alternative Asset Management, and Provident Group Asset Management. She earned a B.A. in Economics from Harvard University and an MBA in Finance from The Wharton School of the University of Pennsylvania.
The announcement also honors the memory of founder Dr. Floyd Tyler, Jr., who died unexpectedly in early 2023. Dana Pointer, who joined the firm at its inception in 2010 and serves as CEO, oversees business development, strategic planning, compliance and investor relations. Pointer said the firm continued the founder's strategy with transparency and diligence following his passing, and stated that the firm is focused on continued growth. Lovelace said she will build on the firm's long track record while serving investors with integrity and a commitment to excellence.
Founded in 2009, Preserver Partners manages investor capital for pension plans, endowments, foundations, corporations, family offices and individual investors. Its offerings include opportunistic multi-strategy private funds, a separately managed account and the liquid alternative mutual fund Preserver Alternative Opportunities Fund. The press release states that it is informational only and does not constitute an offer or solicitation.
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