People Moves
The former deputy cio of a university in the South has joined a Northeast-based alternatives investment manager that invests in credit, private equity and real estate.
New managing director will focus on business development and capital partners.
The new hire will be responsible for equity research on the growth equity manager’s investment team.
He will oversee client engagement efforts and fundraising, a spokesperson said.
He will partner with financial advisors to promote Needham’s suite of growth mutual funds for allocation in client portfolios, the firm said.
The appointments follow the death of Executive Director and CIO David Villa.
The new hire will build out and spearhead the firm’s investor relations team.
The previous CIO became Aviva Investors’ CEO last month.
Search is to replace its outgoing executive director, who first joined the plan in 1991.
The new head will oversee investor relations and business development as well as helping institutionalize the business, the firm said.