Praesidium Investment Management hires former Citigroup VP
Praesidium Investment Management has hired Amy Lockridge as part of its Business Development and Investor Relations teams, effective 19 July.
Lockridge will help lead the business development and investor relations efforts for the firm, which focuses on concentrated equity investments in small and mid-cap companies with an owner oriented, private equity approach to public market investing. She reports to Dan McHale on Praesidium’s business development team, who joined in January 2021 from Morgan Stanley.
Previously, Lockridge was a Vice President at Citigroup on its Capital Introduction team where she facilitated interaction between hedge funds and institutional investors and assisted the prime brokerage sales team with the origination of new hedge fund launches. Before Citigroup, Lockridge also held positions with Cowen as a Capital Introduction Associate and Deutsche Bank as a Sales Associate. She holds a bachelor’s degree in Business Administration from Southern Methodist University.
Praesidium Investment Management Company is a value-oriented investment management firm with a strong long-term track record and disciplined investment process. Through its private equity approach to public market investing, Praesidium holds a concentrated public equity portfolio of long-term investments and seeks to generate strong absolute and relative returns while protecting capital over a multi-year investment period. The firm is recognised for its value-add investment strategy and constructive engagement with management teams and boards of undervalued and overlooked companies, as it seeks to help unlock business value through its strategic and opportunistic approach. Praesidium manages over USD2 billion on behalf of like-minded, long-term investors primarily consisting of prominent university endowments, foundations, family offices and other institutional investors.