Frank G. Angella and Christopher E. Yang were promoted to general partners from principals at Grove Street Advisors, said Elizabeth Fogerty, spokeswoman. Both are new positions. Grove Street is a private equity advisory firm with $3 billion under management. Clients include $186 billion California Public Employees' Retirement System, Sacramento, and the $46.1 billion Oregon Public Employees Retirement Fund, Salem.
Christine Burns-Patti was hired as vice president of institutional sales at hedge fund-of-funds firm DKR Capital, said a source knowledgeable of the situation. Calls to Ms. Burns-Patti at DKR's offices were not returned, and a DKR staffer confirmed that Ms. Burns-Patti had been hired but could not offer further details. Ms. Burns-Patti was a vice president of marketing and sales at Credit Suisse Asset Management, and prior to that had the same role at Schroder Investment Management North America. Suzanne Fleming, a CSAM spokeswoman, said Ms. Burns-Patti left the firm in March and her responsibilities were absorbed internally.