Pictet appoints two new managing partners
Elif Aktuğ has been with Pictet since 2011 as the lead fund manager of Pictet Asset Management’s Agora, a EUR 2.5 billion European equity strategy that has received multiple awards for its performance. In 2020, Elif won the prestigious “Best Female Fund Manager” award from Hedge Funds Review. In addition, she has contributed widely to the Group as an equity partner and an advocate for diversity and inclusion, among others as the co-founder of the Pictet Women’s Network. Prior to joining Pictet, she was a Managing Director with Goldman Sachs in London, having worked both in M&A advisory and proprietary trading. Elif grew up in London, Ankara and Paris. She received her bachelor’s degree from the Institut d’Etudes Politiques de Paris and later a master’s in business administration from the Stanford Graduate School of Business.
François Pictet joined the firm in 2015 as part of the Pictet Investment Office (PIO), the successful ultra-high-net-worth investment arm of Pictet Wealth Management with over CHF 23bn under management. At PIO, François has been responsible for managing the private equity portfolio and the department in Geneva, while also overseeing the multi-asset portfolios of numerous clients. Before joining Pictet he worked at the private equity firm AEA Investors in London and was responsible for investment opportunity due diligence, enterprise valuation and portfolio monitoring. Prior to that he was in M&A advisory at Credit Suisse in Zurich and at two non-governmental organizations active in the fields of microfinance and socially responsible investing. François grew up in Geneva and graduated with a bachelor’s and a master’s degree of advanced studies in business law from the University of Geneva and Lausanne.
Renaud de Planta, senior managing Partner of Pictet, said, “We’re delighted to welcome Elif and François to the Board of Partners, a step we’ve been planning since the end of 2020 to help manage the increased demands resulting from the strong growth of the firm. Both have great investment experience, underlining our ongoing commitment to investment leadership. Their appreciation of our independence and their strong sense of responsibility will help uphold our distinctive long-term approach.”
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