Monday, December 16, 2013

Francis Xavier Desharnais

It is with deep sadness that I inform you of the death of Frank Desharnais. Frank was a bona fide performance measurement professional: with more than 25 years in our industry, Frank held leadership roles at Lazard Asset Management, Deutsche Asset Management, Neuberger Berman, and, most recently, Turner Investment Partners.

Ours is a rather small industry, and Frank was well known and liked by many. I learned of his passing from our mutual friend, Diana Merenda, who worked with him at Deutsche and Lazard.

Frank was a member of the Performance Measurement Forum and a frequent attendee at our annual PMAR (Performance Measurement, Attribution & Risk) conferences, which I think speaks of his desire to continue to grow professionally, despite his experience and expertise.

He was a New Yorker by birth as well as choice, and only left the area to assume the role at Turner, a Philadelphia-area investment advisor. Despite the relocation, he remained a Yankee fan.

I knew Frank for around 20 years, though I regret not having spent more time with him. I had the chance to dine with him shortly after he joined Turner, and enjoyed learning more about him.

Frank left us too soon, and I know that he will be missed by many, especially by his parents, siblings, and other relatives. May he rest in peace.

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