Greg Francfort, who most recently served as director of Neuberger Berman’s global equity research team, will be joining the firm’s MLG Group, which manages approximately $7 billion in assets for individuals, institutions and mutual funds.

According to an internal memo, Francfort will serve as a portfolio manager on MLG's core equity portfolios, and will also contribute to the equity income and global thematic opportunities strategies offered by the team.

Previously, Francfort worked at First Boston, where he served as an associate director of equity research. He joined Neuberger Berman in 1991 as the firm's director of research, and was a portfolio manager from 1993 to 2004.

Francfort took a hiatus to serve as an adjunct professor at Columbia Business School, where he taught security analysis and applied security analysis for five years. He rejoined Neuberger Berman in 2009 to lead the research team, working closely with Tim Creedon, who is now the new director of research.

Hung Tran writes for Money Management Executive.