BOSTON & LONDON--(BUSINESS WIRE)--Jan 14, 2026--
Partners Capital, a leading global investment firm with over $70B of assets under management* on behalf of endowments, foundations, family offices, and high net worth individuals, is delighted to announce seven promotions into its senior leadership team including three Partners and four Managing Directors.
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New Partners
John Beil, Sam Hufton, and Emmanuel Pitsilis have been promoted to Partner.
John joined Partners Capital in 2022 to lead the firm’s Private Equity and Real Estate strategy. Prior to Partners Capital, John was Managing Director of Private Equity at the University of California Investment Office. He has more than 20 years of experience across the investment space, including roles at IFC Asset Management Company, International Finance Corporation, and Citigroup. John is based in the San Francisco office.
Sam joined the firm in 2009 in the London office, before relocating to Boston. He is a senior member of the Client CIO team, partnering with several of the firm’s private and institutional clients in North America. Sam is based in the Boston office.
Emmanuel joined Partners Capital in 2021 to co-lead the Asia Pacific business. In 2025, Emmanuel was named Global Head of Partners Capital Alternative Asset Management (PCCAM), the firm’s alternative investment solutions for financial institutions and their clients. Emmanuel has close to 35 years of experience in scaling financial services and technology businesses as an entrepreneur and senior partner at McKinsey & Co. Emmanuel is based in the Singapore office.
New Managing Directors
These Managing Director appointments highlight the strength of talent across Partners Capital’s US and UK teams:
“These promotions reflect the outstanding accomplishments of these individuals and their meaningful contributions to our firm’s performance and culture,” said Arjun Raghavan, Chief Executive of Partners Capital. “At a pivotal moment in our global growth, their leadership strengthens our senior team and reinforces the values that underpin how we work together and partner with our clients.”
*As of September 30, 2025
Leadership Promotions
HAVANA (AP) — Cuban President Miguel Díaz-Canel said Friday that his government has held recent talks with the U.S., marking the first time the Caribbean country confirms such speculation.
He said the talks “were aimed at finding solutions through dialogue to the bilateral differences between our two nations. International factors facilitated these exchanges.”
He did not elaborate on those factors, or provide any details about the talks.
Díaz-Canel said no petroleum shipments have arrived on the island in the past three months, which he blamed on a U.S. energy blockade.
Cuba’s western region was hit by a massive blackout last week, leaving millions without power.
He said that Cuba, which produces 40% of its petroleum, has been generating its own power but that it hasn’t been sufficient to meet demand.
He said the lack of power has affected communications, education and transportation, and that the government has had to postpone surgeries for tens of thousands of people as a result.
“The impact is tremendous,” he said.
Díaz-Canel said more than 115 bakeries across the island have been converted to run on firewood or coal.
He added that 955 solar panels have been installed in rural homes and social centers, and that more solar systems will come online before the end of March that will add 100 megawatts to Cuba’s crumbling electric grid.
“Even with everything we’re putting together, we still need oil,” he said.
Díaz-Canel noted that production output also has dropped: “Without energy, no country can produce at normal levels. All of this has meant making adjustments to employment.”
Last month, Cuba implemented austere fuel-saving measures.
Díaz-Canel said that the purpose of the talks was to identify “bilateral problems that require solutions based on their severity and impact” and find solutions to them.
The president added that the aim was “to determine the willingness of both parties to take concrete actions for the benefit of the people of both countries. And in addition, to identify areas of cooperation to confront threats and guarantee the security and peace of both nations, as well as in the region.”
He noted that Cuba is willing to carry out the process on the basis of equality and respect for the countries’ political systems and for Cuba’s “sovereignty and self-determination.”
Critical oil shipments from Venezuela were halted after the U.S. attacked the South American country and arrested its leader.
The most recent blackout was blamed on a broken boiler at a thermoelectric plant that forced the shutdown of Cuba's power grid.
Authorities have noted that some thermoelectric plants have been operating for over 30 years and receive little maintenance given the high cost. U.S. sanctions also have prevented the government from buying new equipment and specialized parts, officials say.
Coto reported form San José, Costa Rica.
FILE - Cuba's President Miguel Diaz-Canel attends the 17th annual BRICS summit in Rio de Janeiro, July 6, 2025. (AP Photo/Eraldo Peres, File)
