Chicago-based registered investment advisor (RIA) Altair Advisers has hired a new director of research from William Blair’s private wealth management division.
The firm, which has $4 billion in assets under management, has recruited David Lin, who previously worked at William Blair in manager research and investment due diligence within the firm’s private client group, where he reported to Dan Grant.
At Altair, Lin will lead manager research and due diligence, heading up a team of five analysts, an Altair spokeswoman told Citywire.
Lin is to start at Altair next week and will report to Jason Laurie, chairman of the firm’s investment committee.
Laurie has been director of research at Altair on an interim basis after the firm lost its two directors of research in 2016.
In February, Citywire reported that Paul Courtney and Aaron Dirlam, the two previous directors of research at Altair, had left the business and started outsourced investment research shop Springtide Partners.
Dirlam had left Altair in April 2016 and Courtney the following September.
Lin joined William Blair in 2004 as an equity research associate, according to his LinkedIn profile. Prior to this, he was a senior consultant within the valuation group at Deloitte.
William Blair confirmed Lin’s departure.