Des is a co-founder of Eolas Capital and acts at the Managing Director and Chief Investment Officer. Des is also Chair of the Investment Management Committee and a shareholder of the firm.
Before forming Eolas, Des had dual responsibility as CEO of Mellon Investments Corporation and of BNY Mellon Asset Management North America, overseeing all the asset management firms in the U.S. including, Mellon Investments Corporation (formed through the merger of Standish Mellon, Mellon Capital and The Boston Company), and CIS before it was split into separate operating divisions, accounting for over $1 trillion of assets under management at its peak.
Des also restructured the operations of two other BNY Mellon affiliates: Amherst Holdings in 2019, and EACM in 2020. He also created and spun off a trading services subsidiary – xBK – the same year, that was subsequently transferred to the Asset Servicing division of BNY Mellon. At the time of his departure, Des was also responsible for representing BNY Mellon's minority ownership interest in the Siguler Guff, a multi-strategy private equity boutique.
Prior to BNY Asset Management, Des served as Head of Investment Process Oversight at Bridgewater Associates. Before Bridgewater, he was the Chairman & Chief Executive Officer of Standish for over a decade growing the business from $35billion to over $175 billion during that period.
His investment management experience spans more than three decades and includes roles as Chief Operating Officer at Pareto Partners, where he coordinated the subsequent sale of the business to Mellon Investments Corporation; Head of European Pension Strategies for Deutsche Asset Management; and Head of Risk and Treasurer for GM Asset Management. He also held senior positions at Russell Investments and the London Stock Exchange, earlier in his career.
He is active in the local community and as a philanthropist and has served on multiple boards, including the Alzheimers Association (MA/NH Chapter), RIAN Immigrant Center, Inly School, and has been active with the American Ireland Funds.
Des holds an MPhil in Management Studies from the University of Exeter, where he also served as an Honorary Research Fellow, and a BA from University College Dublin. He also completed an Advanced Management Program at Harvard Business School.