The team joins First Eagle from Royce Investment Partners.
His responsibilities have been assumed by other team members, according to a spokesperson.
They will retain existing responsibilities as COO of the firm’s alternatives business.
He will lead investment transaction execution for the firm’s equity and debt investment vehicles.
The new group broadens the firm’s opportunity set into the U.S. private commercial real estate market.
The previous global head of real assets will focus more on his role as global cio of BlackRock Alternative Investors.
He will be responsible for the firm’s capital formation, co-invest syndication and investor relations functions.
He will focus on business development and fundraising for the firm’s private equity products.
The new hires began on April 1 and April 19.
A Virginia-based pension plan has launched a search for a senior deputy director.