Robert A. Picard joined Navigant Capital Advisors as senior adviser.
Mr. Picard will work within the firms financial institutions restructuring solutions team, which provides support and consulting services to stressed and distressed companies, according to a news release. It could not be learned whether Mr. Picards position is new.
Mr. Picard left hedge fund-of-funds manager Optima Fund Management in March; he had been CIO. He was replaced by Fabio Savoldelli, who was given the new title of chief global strategist.