Arjun Raghavan is a British-Indian investment executive who is the Global Chief Executive Officer of Partners Capital Investment Group, an outsourced investment office for endowments, foundations and high-net-worth private clients. Raghavan joined Partners Capital in London in 2007 and became the firm's global chief executive officer in June 2020. Under his leadership, Partners Capital’s assets under management grew from $30 billion[1] to $75+ billion[2]. Raghavan succeeded the firm's co-founder Stan Miranda. He sits on the firm's board of directors and global investment committee.[3] Since August 2023, Raghavan has served as an investment advisor to the Duchy of Cornwall, chairing the Investment Committee.[4]

Early life and education

edit

Raghavan was born in Chennai, India. Speaking on the Money Maze podcast, he described his upbringing as middle class with a strong emphasis on education.[5] Raghavan enrolled at the Indian Institute of Technology Bombay, specializing in metallurgical engineering and materials science, and graduated in 1996.[6] In 2000, he completed an MBA with Distinction at INSEAD France.

Career

edit

Early Career and Consulting

edit

After graduating in 1996, Raghavan joined Andersen Consulting (later renamed Accenture) as a corporate strategy consultant in India.[7] In 1998 he was assigned to London to work on a large systems-transformation project, helping an insurer prepare its systems for the Year 2000 problem (Y2K).[8] After two years in London, Raghavan completed an MBA at INSEAD and then returned to Accenture. He remained in consulting until around 2006, when he moved into the hedge fund industry.

Quantiva Capital

edit

Raghavan left consulting to become a senior equity analyst and assistant to the CEO at Quantiva Capital, a European long/short equities hedge fund that originated as a Goldman Sachs spin-out.[9] Raghavan credited Quantiva for offering him a “crash course” in capital markets allowing him to pivot careers in his 30s.[10] He left in 2007 after one year at the hedge fund to pursue more multidimensional, client-facing investment at Partners Capital.

Partners Capital

edit

Raghavan joined Partners Capital's London office in 2007 and was promoted to partner within three years of joining. He led the firm's portfolio construction function and played a central role in developing its investment strategy and in founding and managing its flagship multi-asset class vehicle, the Master Portfolio.[11] The 2008 financial crisis, which occurred shortly after he joined, shaped his later focus on risk management and portfolio resilience.[12]

Raghavan led Partners Capital's expansion into Asia during the 2010s, relocating to open the firm's Hong Kong office in 2013 and an office in Singapore around 2015.[13] He served as Head of Asia until becoming CEO in 2020.

Raghavan succeeded founder Stan Miranda as chief executive officer on July 1, 2020, with Miranda becoming Chairman. Raghavan relocated from Singapore back to London later that year. Under Raghavan’s leadership the firm continued to expand: in 2024 the growth investor General Atlantic took a minority stake in Partners Capital, and by early 2026 the firm reported around US$75 billion in assets under management.[14]

Investment views and commentary

edit

Raghavan has spoken and written publicly on portfolio construction and macroeconomic risk. In interviews and articles he has emphasized Partners Capital’s investment philosophy as driven by diversification, long-term compounding and a fixed risk budget rather than market timing.[15] He has discussed the risks he associates with concentrated exposure to artificial intelligence themes across public equities, private equity and credit, and has cautioned about weaker covenants in parts of the private credit market.

Gulf Region and UAE

edit

Writing in a April 2026 Fortune article on investment in the Gulf Cooperation Council (GCC) region, and against the backdrop of the 2026 Iran war, he argued that the GCC had become "structurally indispensable to the global economy" and characterized capital reorientation toward the region as a long-term, multi-generational undertaking rather than a passing market cycle.[16]

In May 2026, Raghavan announced the opening of a Partners Capital Abu Dhabi office, its tenth globally, as part of a wider expansion into the United Arab Emirates. In an interview on CNN's Connect the World with Becky Anderson, Raghavan defended the firm's decision to open in the UAE during the 2026 Iran war, describing Abu Dhabi as a hub linking the global north and the global south and characterizing geopolitical tensions with Iran as a short-term "volatility blip" against the backdrop of a rapidly developing region.[17] In the firm's own announcement of the office, he framed the move as a reflection of its confidence in the UAE's rule of law, capital markets and talent base, and of its intention to act as a multi-generational partner to institutions and families in the region.[18]

Other roles

edit

Raghavan serves as an investment advisor to the Duchy of Cornwall on the Finance and Audit Committee. Raghavan chairs the Duchy’s Investment Committee, where he manages and oversees the financial investment portfolio.[4]

References

edit
  1. "Arjun Raghavan new CEO of Partners Capital". Partners Capital. Retrieved 2026-06-09.
  2. "Partners Capital Opens Abu Dhabi Office". Partners Capital. Retrieved 2026-06-09.
  3. "Arjun Raghavan". Partners Capital. Retrieved 2026-06-09.
  4. 1 2 "2024 Integrated Impact Report" (PDF). Duchy of Cornwall. Retrieved June 9, 2026.{{cite web}}: CS1 maint: url-status (link)
  5. Simon Brewer, "The $40 Billion Outsourced Investment Office - With Arjun Raghavan, CEO of Partners Capital," on The Money Maze Podcast, 02:50-03:20 https://www.moneymazepodcast.com/podcast/the-40-billion-outsourced-investment-office-arjun-raghavan-ceo-of-partners-capital
  6. Joe Reilly, "Arjun Raghavan: Returns with Resilience," on Private Capital: Intelligence for the Family Office Investor, 03:21-03:23, https://circulus.substack.com/p/arjun-raghavan-returns-with-resilience.
  7. Joe Reilly, "Arjun Raghavan: Returns with Resilience," on Private Capital: Intelligence for the Family Office Investor, 03:58-04:05, https://circulus.substack.com/p/arjun-raghavan-returns-with-resilience.
  8. Simon Brewer, "The $40 Billion Outsourced Investment Office - With Arjun Raghavan, CEO of Partners Capital," on The Money Maze Podcast, 06:44-06:47, https://www.moneymazepodcast.com/podcast/the-40-billion-outsourced-investment-office-arjun-raghavan-ceo-of-partners-capital
  9. Capital, Partners. "Arjun Raghavan Selected to Succeed Stan Miranda as Partners Capital CEO". www.prnewswire.com. Retrieved 2026-06-09.
  10. Simon Brewer, "The $40 Billion Outsourced Investment Office - With Arjun Raghavan, CEO of Partners Capital," on The Money Maze Podcast, 07:58-08:59, https://www.moneymazepodcast.com/podcast/the-40-billion-outsourced-investment-office-arjun-raghavan-ceo-of-partners-capital
  11. Capital, Partners. "Arjun Raghavan Selected to Succeed Stan Miranda as Partners Capital CEO". www.prnewswire.com. Retrieved 2026-06-09.
  12. Joe Reilly, "Arjun Raghavan: Returns with Resilience," on Private Capital: Intelligence for the Family Office Investor, 15:30-15:55, https://circulus.substack.com/p/arjun-raghavan-returns-with-resilience.
  13. Capital, Partners. "Arjun Raghavan Selected to Succeed Stan Miranda as Partners Capital CEO". www.prnewswire.com. Retrieved 2026-06-09.
  14. "Partners Capital Investment Group Announces Minority Investment from General Atlantic | General Atlantic". www.generalatlantic.com. 2024-02-08. Retrieved 2026-06-09.
  15. Joe Reilly, "Arjun Raghavan: Returns with Resilience," on Private Capital: Intelligence for the Family Office Investor, 18:06-19:18, https://circulus.substack.com/p/arjun-raghavan-returns-with-resilience.
  16. Raghavan, Arjun. "$75 billion investment chief: Now is exactly the right time to double down in the Gulf". Fortune. Retrieved 2026-06-09.
  17. Brown, NaKeevia (2026-05-12). Why is this major global investment firm expanding to the UAE? | CNN Business. Retrieved 2026-06-09 via www.cnn.com.
  18. "Partners Capital Opens Abu Dhabi Office". Partners Capital. Retrieved 2026-06-09.