David Schwarzenberger was named senior vice president and director of institutional sales at Bailard, according to company spokeswoman Erin Randolph.
The position is new.
Mr. Schwarzenberger is responsible for expanding Bailard’s business relationships with institutional investors and investment consultants. He reports to Diana Dessonville director of business development and Peter Hill, CEO.
Mr. Schwarzenberger was an institutional business development officer for WHV Investment Management. Chris Sullivan, a spokesman for WHV, did not know by press time whether he had replaced.
Bailard has $2.3 billion in assets under management.