RCLCO Fund Advisors, a California-based investment advisor to institutional clients, has hired Shawn Veldhouse as managing director, working largely on client relationship management initiatives and business development. His education includes a bachelor’s degree in business finance from the University of Utah. Based in the company’s New York City office, Veldhouse will focus initially on expanding RFA’s presence in New York City; serving existing investors and clients on the East Coast, Canada and Europe; and positioning the firm to attract new investors and clients globally. Before joining RFA, he served as deputy director of real estate investments at the New York State Common Retirement Fund (CRF), where he deployed capital for CRF’s discretionary investment programs. Prior to CRF, he worked for a family office and several investment managers, including The Milestone Group and RREEF.
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