Vida Capital Inc., an asset management platform specializing in non-correlated investment strategies, has appointed a new president and chief investment officer at RIA subsidiary.

Bill Tice was promoted to both positions at Vida Capital Management (VCM) and was appointed to the board of directors, the company announced today in a news release.

He was formerly the firm's senior managing director, serving as a member of both VCM's executive management and investment committees. He also oversaw and led VCM’s efforts in originating, structuring and executing new business and investment opportunities, the release said.

Tice has over 20 years of alternative investment experience, specializing in private equity, fixed income and alternative credit assets, the release said. Prior to joining Vida in 2014, he held senior positions at Siguler Guff, & Co., Q Investments, and The Park Hill Group, a division of the Blackstone Group.

Tice graduated cum laude from Middlebury College with a bachelor’s degree in economics, and received an M.B.A. degree from The Amos Tuck School of Business at Dartmouth College, the release said.

Brian O’Grady, currently a managing director, will succeed Tice as senior managing director of marketing and will report to him. 

Tice will to report to Jeff Serra, Vida CEO and founder.

Founded in Austin, Texas, in 2009, Vida Capital, with $4.4 billion in client assets under management, is a portfolio company of Reverance Capital Partners and Redbird Capital Partners.