Brett Condron has joined Pacific Investment Management Co. as a managing director in the firm's U.S. global wealth management group, confirmed spokeswoman Agnes Crane in an email.
The position is new.
Mr. Condron will focus on growth initiatives including working to bring alternative investments to registered investment advisers and their clients. He will report to Gregory Hall, managing director and head of U.S. global wealth management.
Mr. Condron was a senior managing director at Blackstone Group and global head of individual investor solutions for the firm's alternative asset management division. His responsibilities will be assumed by the team, a Blackstone spokeswoman confirmed.