Update: Top London asset manager moves to family investment group; other hires as well

Quintin Price, viewed as one of the UK’s top asset managers, has joined Capital Generation Partners, a private investment office led by Khaled Said, the son of billionaire Wafic Saïd.

Price has held top roles in asset management groups in London and New York, including global head of asset management at Deutsche Bank during 2016 and global head of alpha strategies at BlackRock, where he oversaw assets worth nearly $1 trillion prior to 2015. 

He is currently a senior adviser at Actis a $12 billion, emerging market investment group, and Polar Capital, an investment boutique backed by the Cayzer family. 

Capital Generation Partners is a London-based multi-family office. Family Capital profiled CGP a few years ago. It currently manages $2.7 billion for ultra-high net worth clients. Price has agreed to become chairman of CapGen’s asset allocation process.

CapGen has also hired Sarah Fromson as chair of its investment committee. For twelve years, she was head of risk at Wellcome Trust, when its £27 billion endowment became one of the best managed in the UK under the leadership of the late Danny Truell.

Guy Leadbeater has also joined CapGen as a relationship manager. He is a former head of special projects at Stonehage Fleming, a wealth adviser. He is a former chief executive of at the Hesketh Family Office and more recently head of charity services at Close Brothers Asset Management. 

The appointments illustrate that the family office world has become capable of retaining the services of talent which used to be snapped up by institutional managers whose fund flows have been sapped by competition from passive funds and, more recently, the coronavirus crisis.