People Moves
The 529 plan hired a new executive director from a nearby university following a search from this summer as its previous head left to join a Western university as deputy cio.
The firm recently hired a head of private market client solutions to optimize the role of private market investments in client portfolio as well as a director in its member strategy group to manage and maintain relationships with current and prospective clients.
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.
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.