Executive search firm The Rose Partnership, which this week confirmed it was pulling out from recruiting in private banking and fund management sectors, has announced the retirement of Philippa Rose and her husband James D’Arcy.  

After 32 years at the firm, Rose has decided to spend more time with her family and pursue other interests. She and D’Arcy previously led The Rose Partnership’s fund management practice.

Rose will remain as a partner in the firm and will also continue to offer advice and guidance as required by her team.

“Over the last three years the firm has done extensive restructuring and gone a long way in its cost-cutting to reflect economic reality and to enable the firm to match its costs with the fee expectations of clients in the current cost-constrained environment,” the firm said in a statement.

Earlier this week, The Rose Partnership told WealthBriefing that while the business as a whole will remain the same, it is “slimming down to other core areas”.