Siguler Guff‘s managing director Patricia Dinneen has left the firm to join the Emerging Markets Private Equity Association (EMPEA) as a senior advisor, according to media reports.
Dinneen joined Siguler Guff in 2004, where she built the BRIC (Brazil, Russia, India and China) private equity investment business, focusing on Brazil, Russia, India, China, and select frontier markets.
Before joining Siguler Guff, Dinneen worked for Cambridge Associates, British Telecom and the White House.
Much of Dinneen’s 36-year career has been devoted to emerging markets.
Ralph Jaeger, a managing director at Siguler Guff, has replaced Dinneen as portfolio manager responsible for BRIC and frontier markets.
New York-based Siguler Guff is a multi-strategy private equity investment firm with over US$10 billion of assets under management.
According to Siguler Guff’s website, its BRIC Opportunities Fund I raised US$610 million in 2005 and Fund II raised US$893 million in 2007.
The firm launched its third BRIC fund in 2011 and had collected about US$175m as of last April.