Christopher Walsh and Erin Gilroy joined Third Avenue Management as managing directors with the firms marketing and sales team, said spokeswoman Bridget Smith.
Both positions are new. Mr. Walsh will lead Third Avenues defined contribution and subadvisory sales efforts, while Ms. Gilroy will be responsible for institutional relationships in the Midwest.
Both will report to Steven Johnson, who joined Third Avenue earlier this month as senior managing director of institutional sales.
Mr. Walsh was managing director of Phoenix Investment Partners subadvisory and retirement division. Alice Ericson, spokeswoman with The Phoenix Cos., said Mr. Walsh wasnt replaced. Ms. Gilroy served as a relationship manager in the third-party marketing division of financial services firm Mondiale Partners.