Dan Mannix will replace Peter Harrison as chief executive of RWC at the end of the month, following Harrison’s departure to Schroders.
Mannix will assume the chief executive role from the end of February after Harrison takes up at senior position at the FTSE 100-listed asset manager.
Harrison says: “Dan has been an excellent partner throughout the development of RWC. I believe strongly that he will continue to build the firm successfully.”
Mannix joined RWC in 2006 as a senior member of its management team and led the firm’s business development team.
As part of the transition process, Paul Larche has been named as RWC’s chief operating officer, a newly created position, while James Tollemache has been appointed as head of sales.
In addition, Sean Capstick has been hired as head of new markets.
“It remains a challenging time for investment companies but RWC is well placed to benefit due to our unconstrained approach to investing and the depth of resources we have within the firm,” Mannix says.
Harrison will remain as non-executive chairman of RWC and a significant shareholder in the firm.