Carrabes has joined from French asset manager Amundi, where he was a senior vice-president based in Boston. His arrival is part of the firm’s expansion in North America, per the release. He said: “I see great potential for Stafford to support high-quality investors on their net-zero journeys and believe the firm is well positioned to tackle the opportunities in the North American market.”
It is Stafford’s second client solutions hire in quick succession, after Valentina Abbott joined as global head of the division in June with a brief to attract more investment to the firm’s sustainability platforms.
Commenting on Carrabes’ arrival, Abbott said: “Stafford recognises its responsibility as an investor to contribute to a more sustainable financial system by taking a long-term, responsible approach to investing across alternatives. Joe’s experience will be invaluable for Stafford in supporting our clients across the region with their net-zero efforts.”