John Parkhouse Named President of European Asset Manager Carne

Parkhouse will report directly to founder and group CEO John Donohoe, who retains his current leadership role. Bringing over thirty years of financial services experience to the firm, Parkhouse spent the bulk of his career at PwC, most recently serving as territory senior partner and CEO for Luxembourg. His appointment arrives as the company leans further into the "supermanco" model, which provides asset managers with specialized operational support to accelerate product launches and navigate diverse fund structures.

Carne, which oversees more than $1 trillion in assets under management, recently reached a valuation of €1.4 billion following a minority stake acquisition by private equity firm Permira. Founded in 2004, the company is positioning itself as a vital partner for managers struggling with the increased competition and structural complexities currently reshaping the broader asset management industry.