Ben Kirby and Jeff Klingelhofer were named co-heads of investments at Thornburg Investment Management, spokeswoman Deborah Kostroun said.
The positions are new. Messrs. Kirby and Klingelhofer will oversee Thornburg's investment process, expand the firm's risk management system and guide the implementation of ESG analysis within its suite of investment strategies. They will join Thornburg's executive management team and report to Thornburg President and CEO Jason Brady.
Messrs. Kirby and Klingelhofer are portfolio managers at Thornburg and will continue their existing responsibilities.
Thornburg Investment Management had $41.5 billion in assets under management as of Aug. 31.