NYC Pension Expert Joins Pandion to Enhance Their Services
Pandion Asset Management Bolsters Its Team with the Appointment of Horatio H. Sparkes
Pandion Asset Management, a Houston-based investment adviser, has announced the hiring of Horatio H. Sparkes as Senior Director of Business Development and Investor Relations. This move is seen as a decisive step towards expanding the company's offerings, particularly in the private credit market.
With over three decades of experience in both public and private investment platforms, Sparkes brings a wealth of expertise to Pandion. His past roles include Deputy Comptroller for Pensions for New York City, where he oversaw a $120 billion portfolio, and serving as executive director of the New York City Board of Education Retirement System. Sparkes has also held executive roles in several financial firms such as CapSource Productions, APEX, Geronimo Investment Management, and The Yucaipa Companies.
At Pandion, Sparkes' responsibilities will centre on business development and investor relations. He will engage closely with institutional investors, including public pension plans, Taft-Hartley plans, endowments, foundations, family offices, and consultants, to expand Pandion’s specialized offerings focused on responsible gold investments and short-duration credit strategies.
Pandion Asset Management is known for its focus on responsible gold investments and short-duration credit strategies. According to its website, the company builds investment solutions for institutional funds. Sparkes' role will involve communicating and expanding Pandion’s differentiated investment solutions that emphasize long-term value creation and environmental, social, and governance (ESG) principles.
Sparkes' credibility with allocators and commitment to disciplined strategy are viewed as instrumental to Pandion’s continued scaling and alignment with institutional investors increasingly considering real assets and responsible investment approaches. His perspective is seen as crucial for Pandion Asset Management as it continues to expand its offering.
Sparkes' governance roles outside Pandion, including trusteeships and board chairs, underscore his dedication to stakeholder confidence and proper governance, aligning well with Pandion’s mission. His impact is expected to strengthen Pandion’s institutional outreach in markets emphasizing responsible gold and short-duration credit, helping shape investments that meet growing demands for ESG integration while addressing the needs of a diverse institutional client base.
The SEC has announced that the private credit market will face greater scrutiny, making Sparkes' expertise and commitment to disciplined strategy even more valuable. As Pandion Asset Management continues to grow, Sparkes' role will be pivotal in shaping the company's future and ensuring its continued alignment with institutional investors' needs.
[1] Business Wire. (2022). Pandion Asset Management Hires Horatio H. Sparkes as Senior Director of Business Development and Investor Relations. [online] Available at: https://www.businesswire.com/news/home/20220315005582/en/Pandion-Asset-Management-Hires-Horatio-H-Sparkes-as-Senior-Director-of-Business-Development-and-Investor-Relations
[2] Pensions & Investments. (2022). Pandion Asset Management hires Horatio Sparkes as senior director of business development and investor relations. [online] Available at: https://www.pionline.com/article/20220314/ONLINE/220319999/pandion-asset-management-hires-horatio-sparkes-as-senior-director-of-business-development-and-investor-relations
[3] Financial News. (2022). Pandion Asset Management hires Horatio Sparkes as senior director of business development and investor relations. [online] Available at: https://www.fnlondon.com/articles/pandion-asset-management-hires-horatio-sparkes-as-senior-director-of-business-development-and-investor-relations-20220315
[4] Institutional Investor. (2022). Pandion Asset Management Hires Horatio H. Sparkes as Senior Director of Business Development and Investor Relations. [online] Available at: https://www.institutionalinvestor.com/article/b1f6q6g95m3vjh/Pandion-Asset-Management-Hires-Horatio-H-Sparkes-as-Senior-Director-of-Business-Development-and-Investor-Relations
- With Horatio Sparkes' extensive background in finance, particularly in investing and business, his role as Senior Director of Business Development and Investor Relations at Pandion Asset Management is expected to significantly contribute to the expansion of the company's offerings, particularly in the private credit market.
- Given Sparkes' expertise and commitment to disciplined strategy, his engagement with institutional investors at Pandion Asset Management will likely prove instrumental in shaping the company's future and ensuring its continued alignment with investors' needs, especially as the private credit market faces greater scrutiny from the SEC.