Eaton Vance Management (EV) said early Thursday that it hired former Goldman Sachs (GS) CIO Edward Perkin to become the chief equity investment officer of its Eaton Vance unit.
Perkin will begin work on April 29, when he will replace Duncan W. Richardson, who retired on Oct. 31, and Thomas Faust, who has served as interim chief equity investment officer since then.
Perkin led Goldman Sachs Asset Management as its CIO of international and emerging markets equity and was managing director and portfolio manager of Europe, EAFE and global products in London. In this role, he was responsible for leading a 50-person team of portfolio managers and analysts in eight locations, according to Eaton Vance.
"I am pleased to introduce Eddie as EVM's next chief equity investment officer," said Faust, in a press release. "He brings a record as an outstanding value stock investor and a skilled leader of investment teams. I am confident that, under Eddie's leadership, our equity group can deliver superior results for the clients we serve."
As of Dec. 31, 2013, EVM's equity group managed $39.2 billion for individual and institutional clients through funds and separately managed accounts.
