David Lee will join the $9 billion New Mexico Investment Council, Santa Fe, on Monday as an equity portfolio manager.
Mr. Lee was an equity investment analyst at the $21 billion Pennsylvania State Employes' Retirement System, Harrisburg.
Philip J. Crosley was named vice president of institutional marketing for the mutual funds group of Loomis Sayles, a new position.
He was senior vice president in charge of the advisory sales group at Stein Roe & Farnham. A spokeswoman said the firm is searching for a replacement