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DPIMC Elevates Grumhaus to Presidency

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.

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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