Ayesha Parra Appointed Global Head of Alternatives at Russell Investments

Russell Investments Group LLC announced Monday that the firm has hired Ayesha Parra as its global head of alternatives.

Parra, who started in July, oversees the firm’s global business strategy for its alternatives unit, which services institutional and retail clients.

“Ayesha’s expertise in portfolio management, product development, and distribution strategy will drive our efforts to deliver innovative solutions to clients,” said Kate El-Hillow, president and CIO at Russell Investments, in a statement. “Her leadership and experience will leverage our network of alternatives specialists to develop solutions that help both institutional and retail investors tap into private market opportunities.”

Before her appointment at Russell Investments, Parra held several roles at Goldman Sachs Asset Management for more than 19 years, most recently in senior leadership roles within the firm’s external investing group. She was also a senior commodity portfolio manager at GSAM within the firm’s fixed-income group.

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Parra earned a B.A. from the University of Manchester in the U.K. and a master’s degree from the London School of Economics.

Seattle-based Russell Investments has $301.5 billion in assets under management as of June 30.