NewsmakersMay 26, 2023

Minority Alts Firm Preserver Partners Names New CIO

Caroline Lovelace succeeds the company’s founder, Floyd Tyler Jr., who passed away in January.

Reported by Michael Katz

Alternative investment management firm Preserver Partners has named Caroline Lovelace as its new chief investment officer. She succeeds Preserver Partners’ founder, Floyd Tyler Jr., who passed away unexpectedly in January.

As CIO and co-portfolio manager, Lovelace oversees all investments for the Memphis, Tennessee-based firm’s managed portfolios, concentrating on portfolio construction, manager selection and risk management.

“After Floyd’s unexpected passing, we focused on serving our clients by continuing the strategy with transparency and diligence,” Dana Pointer, the firm’s CEO and chief compliance officer, said in a release. “We’re delighted to welcome Caroline Lovelace to our team. I am excited about our shared future as we continue to grow the firm.”

Lovelace, who joined Preserver in April, was previously interim CIO at investment firm Appomattox Advisory, according to her LinkedIn profile. Prior to Appomattox, she was a founding partner in Rose Hill Park Alternative Asset Managers, and before that was a managing partner in Apple Street Partners. Lovelace has also been a partner in Pine Street Alternative Asset Management, a managing director at Provident Group Asset Management, a vice president at JPMorgan Chase and an investment banking analyst at UBS.

Lovelace earned a B.A. in economics from Harvard University and an MBA in finance from The Wharton School of the University of Pennsylvania.

“I am thrilled to join Dana Pointer and the exceptional team at Preserver Partners,” Lovelace said in a release. “Together, we will build upon the firm’s long and successful track record, serving our investors with integrity and a commitment to excellence.”