People Moves

The new appointee will retain existing duties as head of portfolio operations and coo of Investcorp’s European private equity business.

He replaces a managing general partner who is assuming the role of chairman.

The private equity firm has also promoted two senior associates and an assistant controller.

He will be responsible for the direct oversight of all research functions at the Chicago-based real estate investment firm.

The new hire will lead Ares’ diversity, equity and inclusion activities internally, as well as serve as an advisor to support these initiatives at portfolio companies, the firm said.

The new hire will strengthen the investor solutions group, create tailored solutions for clients and develop new institutional relationships.