Pinnacle names new MD, Americas

Oksana Patron

19 July 2023

Pinnacle Investment Management Group has announced the appointment of Michael Putica as Managing Director, Americas, in a move which will further expand the firm’s distribution footprint in the key North American market.

Putica joined from State Street Global Markets’ Portfolio Solutions business where he was head of sales, Americas, and he had a 16-year career at State Street, having worked both in Australia and the US.

In his new role, he will be based in Southern California and will focus on the development of Pinnacle’s institutional and wholesale client book across North America.

The firm also said that Putica would work with Pinnacle’s east coast-based managing directors. Jack Kirkpatrick and Alison Maschmeyer.

“I have known and respected Mike for many years and we are thrilled to welcome a professional of his calibre who is so highly regarded by leading institutional investors and investment consultants in both North America and Australia,” Andrew Chambers, Pinnacle’s Head of International Distribution, said.

“We are committed to accelerating our business growth in the Americas, and Michael’s senior appointment underscores our commitment to servicing the world’s largest addressable investor market.”

Chambers added that Pinnacle and its Affiliates had clients in 44 countries with the United States being its largest market outside of Australia by assets under management, and with eight of Pinnacle’s fifteen Affiliates currently having clients in North America.

In November 2021, Pinnacle seeded its first North American-based Affiliate, Langdon Equity Partners. The specialist global small caps investment boutique was launched in partnership with Greg Dean, former Principal Manager at Cambridge Global Asset Management.