He will focus on portfolio companies improving manufacturing and distribution in the food and beverage industry.
They will lead a newly formed global fixed-income team and a newly renamed plus fixed-income team, respectively.
He will supervise research efforts to enhance the firm’s quantitative equity strategies.
Hire will design and implement investment programs for clients.
Partnership transaction is expected to close in second quarter.
The office will use the consultant’s tradename and research.
He will oversee the New York-based firm’s U.S. investment activities, including sourcing, underwriting and execution of transactions.
17Capital will continue to operate as an independent business following the transaction.
He will lead portfolio management for the firm’s retail municipal bond separately managed account strategies.
The firm expects to announce a successor “in due course.”