The firm appointed a senior business development director to its North American team.
The new chief distribution officer initially joined the firm in April to lead strategy and business development for its registered investment advisor distribution channel.
The current ceo will retire in the first half of this year after 17 years in the role.
The interim executive director’s appointment is slated to go into effect on Jan. 20.
The position will report to Deputy CIO of Private Markets Allen Waldrop.
The plan launched a search over the summer for the position after the retirement of Kanoe Margol.
Several prominent foundations and endowments changed investment heads over the course of 2024.
She has been with the consulting firm for the past 14 years in what has been a total of 35 years in the industry.
The new managing directors join from Western Asset Management and Thornburg Investment Management, respectively.
The role is newly created.