Transition Manager Profiles
Pavilion Global Markets (PGM) has been assisting plan sponsors, foundations/endowments and fund companies with the implementation of portfolio changes for over 20 years. PGM’s history dates back to 1968 when it was founded and operated a 24-hour, agency-only, global trading desk. In 1996, the firm added transition management as a core service.
Transition management is one of three core lines of business for PGM. All trading is executed by PGM’s centralized, 24-hour, agency-only, global trading desk. PGM is a registered broker-dealer in the U.S. and Canada. PGM offers TM on an agency-only basis for all asset classes (equity, bonds and FX) and provides full transparency. PGM does not operate a proprietary trading desk nor does it internalize any order flow.
Client Restrictions: None
| Total TM clients |
163 |
| Total TM mandates |
185 |
| Total assets transitioned ($USD) |
>$93B |
| U.S. |
|
| Canada |
|
| U.K. |
|
| Continental Europe and Republic of Ireland |
|
| Asia |
|
| Australia |
|
| All other locations |
|
| Total respondents |
24 |
| Net recommendation/promoter score |
75% |
| % independently audited |
0% |
| % accepted fiduciary role over event |
94% |
| Principal |
4% |
| Agency |
91% |
| Hybrid |
4% |
| <$50MM |
0% |
| $50MM – $250MM |
20% |
| >$250MM – $1B |
56% |
| >$1B – $3B |
20% |
| >$3B |
4% |
| Transition strategies and planning capabilities |
4.92 |
| Operational capabilities and trading quality |
4.88 |
| Risk management capabilities |
4.64 |
| Quality/transparency of reporting |
4.88 |
| Accuracy of pre-trade estimate |
4.60 |
| Transparency of disclosures |
4.92 |
| Overall project management |
4.92 |
| Knowledge/responsiveness of staff |
4.92 |
