Alternative Investment Management, a fund of funds that invests in private equity and hedge funds, has hired Park Hill Group managing principal Donna Toth as its chief operating officer.
Prior to joining the fund of funds, Toth was a managing principal of Park Hill Group, where she was responsible for directing all operational and financial functions of the business, according to a statement from AIM.
Previously, Toth was CFO at Atlantic-Pacific Capital responsible for compliance and financial reporting. She has also worked at Ziff Brothers Investments and PCW.
AIM has two private equity funds of funds, according to a spokesperson for the firm. The first fund, called Thirteen Partners Private Equity, closed on $67 million in 2006. The second fund, Thirteen Partners Private Equity 2008, closed on $47 million in 2008, the spokesperson said.
The firm was founded by president Jonathan Harris, who formerly worked in the investment management services group at Goldman Sachs. Harris also worked as an analyst at Madison Dearborn Partners.
Other executives at AIM include partner Patrick Campo, formerly global head of long short equity at EIM Management, a fund of hedge funds, Donna Little, CFO, who previously worked at Och-Ziff Capital Management as a senior accountant and partner Diana Cantor, who previously worked as a managing director at New York Private Bank & Trust, the wealth management division of Emigrant Bank.