Former Head of Monetary Policy of the Central Bank of Ireland, to lead Tower Peak’s global macroeconomic and thematic research division
Tower Peak Partners announces the appointment of Daragh Clancy as Managing Partner, Global Head of Research
Daragh will report to Tony Catachanas, the firm’s Founding Partner, Group CEO. He will lead the firm's global macroeconomic and thematic research aimed at analysing the structural forces shaping the sectors in which the firm invests. His work will help provide an independent perspective for the benefit of the firm’s investors and internal investment teams. Daragh will also be a member of the firm’s Global Risk Committee, chaired by Denis Sedes, Founding Partner, Group CFO and CRO. Daragh will lead and build the firm’s research capabilities and oversee the production and dissemination of the firm’s publications and insights. He will also be an active participant alongside Tony Catachanas in the firm’s engagement with the press and policymakers.
Daragh joins from the Central Bank of Ireland, where he was Head of the Monetary Policy Division and a member of the ECB's Monetary Policy Committee, advising the Governor on ECB Governing Council deliberations.
He previously spent seven years at the European Stability Mechanism as Principal Economist, where he coordinated research across the Chief Economist's Department. During the European sovereign crisis, Daragh helped lead post-programme surveillance for Cyprus, Ireland and Portugal, and participated in the negotiation of Greece's financial assistance programme.
Earlier in his career, he held roles at Teagasc and the Central Bank of Ireland, with assignments to the Irish Department of Finance and the European Central Bank. He holds a PhD from University College Dublin and has published in leading journals, including The Review of Economic Studies.
Daragh Clancy, Head of Global Research:
“The global economy is undergoing deep structural change. After many years in public policy institutions, I want to work closer to help market participants make decisions that shape how economies adapt to change. Research underpins our firm’s independent thinking and grounds those decisions in clear reasoning and rigorous analysis.”
Anthony Catachanas, Founding Partner & Group CEO:
"Building an independent research capability that challenges general assumptions and norms about the various industries that our firm invests in, we believe, is a key priority for us and our investors. We are delighted that Daragh has joined our firm, to lead the buildout of our Global Research Team. Our investors and our firm will benefit from his breadth of experiences in government and multilateral institutions."
