Maurice ‘Chip’ Perkins, one of the founding members of diversified alternative asset manager MKP Capital Management, is to retire from the firm with effect from the end of 2011.
In addition, Anoop Dhakad and Katherine Plavan are to lead MKP Capital Management’s global client development and investor relations efforts. The formal elevation of Dhakad and Plavan is part of MKP’s long-term succession planning and will enhance client service for the firm’s global investor base.
"Chip has played an integral role in growing the firm into what it has become today and we wish him the best," says Patrick McMahon, MKP’s CEO and co-founder. “From our start in 1996 with three people in a small New York office to more than 85 people in New York and London, Chip has been with us every step of the way, cultivating a strong firm culture and participating in the management of our growth.”
Perkins most recently served as Strategic Relationship Manager, focusing on developing senior relationships with counterparties and investors, and as one of the six members on the firm’s management advisory committee. Prior to co-founding MKP, Perkins spent thirteen years at Salomon Brothers and three years at MCI.
"We started MKP 16 years ago and it is stronger today than at any other point in its history," says Perkins. "I am proud to have contributed to such a great organisation, and I look forward to taking a step back to focus on my family and philanthropic efforts."
Dhakad, a partner, has been managing the firm’s capital raising efforts since 2007. Plavan, a managing director who joined MKP in 2009, has been managing the firm’s client service efforts.
“MKP’s long-term approach includes a formal effort to cultivate and mentor the next generation of leaders,” says McMahon. “This process has resulted in the development of a leadership team that extends beyond the principals. Anoop and Katherine reinforce our efforts to build a world class investment management firm.”
