Hugh S. Asher has been hired as a managing director for Foundation Source, which provides support and management services for private foundations, to expand the company’s services in the southern region of the United States, Foundation Source announced Wednesday.

Asher will be responsible for building the brand and growing Foundation Source’s business in Florida, Georgia, Alabama, Mississippi, North Carolina, South Carolina and Tennessee from a new office in Atlanta.

Prior to joining Foundation Source, Asher was a managing director at boutique investment management firm Cedar Capital, where he had business development responsibilities across the Southeast.