John Dyment was named managing director and head of the business services platform at private equity manager Dyal Capital Partners.
In the new position, Mr. Dyment will oversee services such as marketing support, consultant coverage and product development that are provided to the 13 hedge fund and private equity managers in which the Dyal funds have taken minority ownership stakes, said Alexander Samuelson, a spokesman for Neuberger Berman, parent company of Dyal Capital, in an e-mail.
Mr. Dyment assumed his duties from Jeffry Brown, managing director, who became Dyal Capital’s first chairman. Mr. Brown will focus on government and regulatory affairs with Dyal’s investment partners, Mr. Samuelson said.
Previously, Mr. Dyment was chief compliance and chief operating officer of event-driven hedge fund manager Lutetium Capital.
Paul Greenberg, Lutetium’s CEO and head of risk, did not return a call seeking information about Mr. Dyment’s replacement.
Dyal Capital has “over $4 billion dedicated to permanent-capital investing,” according to its website.