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03:15 PM
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Former UBS Quant Named CIO of ProManage

Patrick Bourbon has been promoted to the position of chief investment officer of ProManage.

ProManage provides managed accounts, participant advice, plan metrics, and consulting services to defined contribution plan sponsors.

"Patrick has proven himself to be worthy of the CIO position. He has brought a whole new level of discipline and sophistication to our investment function. We are particularly pleased with his ability to leverage resources outside of ProManage, including his consultant and academic network of contacts, to help us service our clients," say Carl Londe, CEO and Tony Sabos, president of ProManage.

According to a company release, Bourbon joined ProManage with nearly a decade of experience as a portfolio manager and analyst at UBS Global Asset Management/Brinson Partners, which specialized in equity markets.

At UBS, he co-managed and optimized two global technology funds, and co-created the firm's then-new quantitative trading strategy. He also conducted fundamental research and financial due diligence on global technology companies.

Bourbon earned his CFA in 2003. He received his Masters in Finance from the Illinois Institute of Technology in Chicago and his Masters in Engineering at EPF Ecole d'Ingenieurs in Paris. Phil Albinus is the former editor-in-chief of Advanced Trading. He has nearly two decades of journalism experience and has been covering financial technology and regulation for nine years. Before joining Advanced Trading, he served as editor of Waters, a monthly trade journal ... View Full Bio

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