Ayesha Parra has joined Russell Investments as global head of alternatives.
In this role, Parra, who joined the firm in July, will “lead the overall business strategy for the firm’s alternatives platform globally,” said an Aug. 12 news release.
A spokesperson for Russell confirmed that Parra took on a newly created role.
Based in New York, Parra leads a team of alternatives specialists who “incorporate private markets into the firm’s solutions business to deliver more efficient diversification, as well as expand the firm's alternative capabilities,” the release added.
Parra joins Russell from Goldman Sachs Asset Management where most recently she played a “key role in the general partner stakes team within the external investing group,” the release noted.
Goldman declined to comment on Parra's successors.
Goldman has seen a number of recent departures of senior executives. On July 23, Northern Trust Asset Management named former Goldman executive Xiangrong (Sharon) Jin as Head of Product Strategy. In early June, Camille de Lamotte left Goldman to join Blackrock as co-head of private debt origination for France, head of origination for Spain.
Earlier this year, Michael Crinieri, who was a managing director and global head of exchange-traded funds within the client solutions group at GSAM, left the firm.
Russell has $301.5 billion in assets under management.
