Sponsored Outsourced-CIO firm Partners Capital has found a replacement for outgoing chief investment officer Colin Pan. Two replacements, that is. Partners Capital, which oversees $40 billion in assets, has promoted Suzanne Streeter and Alex Band to the roles of co-CIOs, beginning on July 1. The company expects to announce the new CIOs on Tuesday. Pan, who had been the company’s CIO since 2016, is leaving to set up his own investment firm, Institutional Investor reported in February. The news came after Partners Capital had a “best-ever year” for performance. Partners Capital’s portfolio outperformed its benchmark by 450 basis points net of the highest fee level, according to a March interview with Arjun Raghavan, CEO.