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He has co-managed the firm’s small-cap value fund since 2019.
The transaction received shareholder approval on Aug. 3.
They will build out Advent’s consumer technology practice.
He joins the wealth management firm from Russell Investments.
The transaction is expected to close in the first quarter of 2023.
The commission has concluded that a confluence of events involving several parties resulted in the theft of $3.5 million from the retirement system.
PPA represents CAPTRUST’s 59th acquisition since 2006.
The firm has hired two senior associates for the investment team and an investor relations associate.
He was most recently a partner and portfolio manager at Ares Management.
The fund offers exposure in small-cap and mid-cap buyout or growth companies across North America and Europe.