International investment manager Cordea Savills’ executive chairman, John Partridge, has resigned after nine years at the firm. Partridge will remain as a senior adviser.
Formerly the founder and chief executive of both the Morgan Grenfell and Henderson Property Fund Management businesses, he joined Savills Fund Management in 2003 with a brief to change the UK fund manager into a European investment management business.
Under his joint leadership with chief executive Justin O’Connor, the business built a strong platform by recruiting experienced senior individuals to complement the existing management team and creating an independent fiduciary brand, Cordea Savills.
The business has expanded across Europe and has offices in London, Paris, Milan, Munich, Hamburg, Stuttgart, Düsseldorf, Stockholm and Luxembourg. Cordea Savills employs more than 120 people, and manages assets worth moor than €3.8bn.
O’Connor said: “John has performed a sterling job in helping develop Cordea Savills into the business it is today. We are a recognised investment manager and are well positioned for further growth.”
