The senior managing director joins the firm from Ares Management, where he served as a partner.
The acquisition increases Westwood’s total assets under management by 33% to $16.3 billion.
The plan will welcome back a familiar face to serve as interim cio but will lose an investment officer to the private sector at the end of the month.
The college savings program is searching for a new executive director as its previous head left the role earlier this month to join a municipal financial advisory firm.
He previously served as the firm’s cfo and coo.
The managing director is responsible for the firm’s acquisitions activity in the central U.S. market.
The firm recently added a senior investment advisor to support its foundation, endowment and institutional nonprofit clients.
The college recently added a pair of investment associates from an investment bank to focus on private equity and real assets.
The foundation is searching for a cio to lead all aspects of managing its endowment after its investment head recently stepped down from the role.
The agricultural REIT has tabbed its president to become its next ceo in the first quarter of 2023 as part of executive succession plans.