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Weston Capital Management has appointed Marcel Herbst as a member of the management team.

Herbst’s role will be to lead the global distribution efforts, work on creating strategic partnerships, and oversee the further development of the firm.

Herbst spent the previous eight years at Harcourt as managing director of the firm’s US presence as well as executive director of the Harcourt Group.

Harcourt is joint venture partner with Weston on the Weston Capital Partners Fund III, an incubation fund.

Albert Hallac, chief executive of Weston Capital, says: “We are excited to have Marcel join the firm. Weston is currently engaged in various strategic projects and we trust that the arrival of a seasoned executive such as Marcel will serve to further and positively impact our firm, clients and partners alike.”

Herbst says: “This is a great time to be in seeding and I believe that Weston Capital is perfectly positioned to play a significant and growing role in this business. I look forward to working with Albert and his team on this and other initiatives.”

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