OM Asset Management reports that Stuart Bohart has been named to its Board of Directors. Mr. Bohart was President of Liquid Markets at Fortress Investment Group LLC until his retirement in 2015, and served in a number of senior roles at Morgan Stanley prior to joining Fortress in 2010. Mr. Bohart will fill a vacancy created when Ian D. Gladman, Group Strategy Director at Old Mutual plc, resigned from the Board to focus on his executive duties at Old Mutual.

“Stu Bohart has held leadership positions in a number of highly regarded asset management organizations, across multiple disciplines, including portfolio management, risk management, asset allocation, and external manager selection. We welcome his expertise in alternative asset classes and deep understanding of the asset management business, and look forward to working with him,” said James J. Ritchie, OMAM’s Chairman. “We would also like to thank Ian Gladman for his work and partnership as a member of our Board. We recognize Ian’s contribution to our business as well as that of Old Mutual.”

At Fortress, Mr. Bohart was primarily responsible for managing business infrastructure and developing new liquid alternative strategies. Prior to joining Fortress, Mr. Bohart was at Morgan Stanley, where, over a 13-year period, he served as global head of Prime Brokerage, Head of Alternatives at Morgan Stanley Asset Management, co-Head of the Asset Management Division, and as a member of the Morgan Stanley Management Committee.

Mr. Bohart graduated from Northwestern University in 1989 with dual degrees in Economics and Political Science. He has lived and worked in Beijing, Tokyo, London, New York and Boston.