Shawn Lese joined Grosvenor Fund Management as senior director, capital markets, and Christopher Klare as director, capital markets.
These are new positions, said Leslie Braunstein, Grosvenor spokeswoman in an e-mailed response to questions.
Their duties include expanding Grosvenor Fund Management’s institutional client relationships in the U.S. and adding new client accounts.
Mr. Lese was executive director, investment banking, for the real estate group at Morgan Stanley; Mr. Klare was an investment officer at The Tuckerman Group.
Mr. Klare is not being replaced, said Alicia Curran Sweeney, vice president of Tuckerman parent State Street Corp., in an e-mailed response to questions. Pen Pendleton, Morgan Stanley spokesman, declined to comment.