Third Avenue Management is beefing up its alternative investments sales effort.
The New York-based firm said it has made Randall Faust and Ilka Gregory the newest members of its institutional sales team. The two will be responsible both for Third Avenue's alternative and traditional offerings, the firm said in a statement.
Faust joins Third Avenue from Summit Private Investments, where he lead fund of hedge funds business development. Gregory most recent worked at Protégé Partners, liaising with high-net-worth and institutional investors.