P10 Names Sarita Narson Jairath as EVP and Global Head of Client Solutions
Rhea-AI Summary
P10, Inc. (NYSE: PX), a leading private markets solutions provider, has appointed Sarita Narson Jairath as EVP and Global Head of Client Solutions, effective September 16, 2024. Ms. Jairath will oversee P10's organic growth strategies, focusing on expanding global client relationships, developing new products, and enhancing market positioning. She brings over 20 years of institutional investment experience, joining from Blackstone where she was a Managing Director in Real Estate Institutional Client Solutions.
Luke Sarsfield, P10's Chairman and CEO, emphasized the importance of Ms. Jairath's role in developing an institutional framework to serve P10's growing global investor base. Her appointment is seen as a key milestone in the company's growth plan aimed at delivering long-term shareholder value.
Positive
- Appointment of experienced executive Sarita Narson Jairath as EVP and Global Head of Client Solutions
- Strategic focus on expanding global client relationships and developing new products
- Potential for improved organic growth opportunities
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, PX declined 3.21%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
DALLAS, July 31, 2024 (GLOBE NEWSWIRE) -- P10, Inc. (NYSE: PX) (“P10” or the “Company”), a leading private markets solutions provider, today announced the appointment of Sarita Narson Jairath as its EVP and Global Head of Client Solutions, effective September 16, 2024. In her role, Ms. Jairath will oversee the strategy and execution of P10’s organic growth opportunities by deepening and expanding global client relationships, developing new products, and augmenting the market positioning of P10 and its affiliated managers.
“We are thrilled to welcome Sarita, who will play an integral role in developing an institutional framework to serve P10’s growing global investor base,” said Luke Sarsfield, P10 Chairman and Chief Executive Officer. “Sarita brings more than two decades of institutional investment experience and leadership at world-class asset management firms. Her appointment is an important milestone in our growth plan as we seek to deliver long-term value for our shareholders.”
Ms. Jairath joins P10 from Blackstone, where she was a Managing Director within Blackstone’s Real Estate Institutional Client Solutions team. In her role, Ms. Jairath led capital raising and investor relations efforts for Blackstone Real Estate Debt Strategies (“BREDS”). Prior to joining Blackstone, Ms. Jairath worked at Seix Investment Advisors, where she was a Managing Director overseeing investor relations and marketing activities for the firm’s Leveraged Finance platform. Before joining Seix, Ms. Jairath was an Executive Director at J.P. Morgan Private Bank, overseeing Credit Manager Research. Prior to J.P. Morgan, Ms. Jairath worked at Goldman Sachs as a Vice President within the Capital Markets group of the Investment Management Division.
Ms. Jairath received a BBA in Finance and Marketing from Emory University and an MBA from Columbia Business School. She serves on the Pediatric Council for Hospital for Special Surgery, a volunteer group dedicated to advancing the hospital’s mission in delivering world-class pediatric care.
About P10
P10 is a leading multi-asset class private markets solutions provider in the alternative asset management industry. P10’s mission is to provide its investors differentiated access to a broad set of investment solutions that address their diverse investment needs within private markets. As of March 31, 2024, P10 has a global investor base of more than 3,600 investors across 50 states, 60 countries, and six continents, which includes some of the world’s largest pension funds, endowments, foundations, corporate pensions, and financial institutions. Visit www.p10alts.com.
Ownership Limitations
P10’s Certificate of Incorporation contains certain provisions for the protection of tax benefits relating to P10’s net operating losses. Such provisions generally void transfers of shares that would result in the creation of a new
P10 Investor Contact:
info@p10alts.com
P10 Media Contact:
Taylor Donahue
tdonahue@prosek.com
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