The New York-listed investment advisory firm recruited a private equity expert.

GAMCO Investors has elected Leslie Daniels as a member of its board of directors.

Daniels is a former chairman and current member of Florida’s State Board of Administration, Investment Advisory Council. He is also an operating partner of private equity firm AE Industrial Partners, which focuses on aerospace, power generation and specialty industrial markets.

He previously served as president of Burdge, Daniels & Co, engaging in venture capital and buyout investments, as well as the trading of private placement securities.

This publication is awaiting confirmation on whether Daniels replaces someone on the board.

As of September 30, 2016, GAMCO had around $39.6 billion in assets under management.