Alan Cline was named head of North America at software and services-focused private equity manager Hg.
It is a new position, a spokesman said in an email. Based in Austin, Texas, Mr. Cline reports to Hg's board and oversees the manager's activities across the U.S. and Canada.
Mr. Cline was previously a senior managing director at Vista Equity Partners and co-head of the firm's Endeavor fund. He left that role in 2021 and was replaced by Rachel Arnold, a managing director at the firm.
As of Nov. 30, Hg had more than $55 billion in assets under management.
