Stephen Weiss was named senior managing director and head of U.S. business development at SLC Management, a spokeswoman said in an email.
Based in Wellesley Hills, Mass., Mr. Weiss replaces Chris Adair, senior managing director, who has taken on the new role of head of strategic partnerships.
Mr. Weiss also will take on additional responsibilities within the firm's consultant relations division, the spokeswoman said.
Both Mr. Weiss and Mr. Adair report to Tom Murphy, head of institutional business.
Mr. Weiss was previously principal, senior client portfolio manager, at Income Research & Management. A spokeswoman said his responsibilities have been absorbed by other members of the manager's client team.
As of Sept. 30, SLC Management had $227 billion in assets under management.