People Moves
The managing director had been a key person for at least one public pension client.
The firm lifted out an emerging market debt team from Western Asset Management.
The plan added two new hires based in Washington D.C. and Boston, respectively.
The new hire will provide institutional expertise in private markets to individual investors.
The three new hires previously worked at SVB Capital.
The team joins with five existing investment funds and $500 million in capital commitments.
Kelly Cavagnaro joins from Columbia Threadneedle Investments.
The new hire spent the past 16 years at Vanguard Group, where he most recently served as senior director of consultant relations.
The firm has lifted five new employees from Aviva Investors.
The plan’s current general manager will retire at the end of this quarter.
