January 11, 2021
Duff & Phelps Investment Management Co. announced today that David D. Grumhaus, Jr., who had been co-CIO with Nathan I. Partain, CFA, has been named president and CIO. Partain, who retired from the firm as of Dec. 31, will remain with the company as a consultant on a transitionary basis.
Grumhaus, who joined DPIMC in 2014, was named co-CIO in February 2020 as part of the company’s succession plan. Prior to that, he was head of the firm’s Infrastructure and Utilities Group. He continues as head of MLP and Energy Infrastructure Strategy.
“David has done an outstanding job leading our investment strategies and working with our team to maintain Duff & Phelps’ legacy as a premier manager of energy, infrastructure and real estate investment strategies,” said Partain. “Our firm is well situated under David’s leadership to continue providing attractive investment solutions for our clients.”
Pictured: DPIMC headquarters in Chicago.
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