MSD Partners LP, a registered investment advisor focused on long-term capital appreciation, has appointed Carlos Soto as managing director and head of business development of its Private Capital Group and Federico Schiffrin as managing director for its Strategic Partners Group.

Soto joins MSD from Comvest Partners, a private investment firm with $5.4 billion of assets under management, where he served as head of business development. Soto was responsible for managing the transaction origination team, sourcing and assessing investment opportunities.

Before joining MSD, Schiffrin was a partner focusing on private equity at Unigestion, a specialist asset management firm with $22 billion in assets under management. Schiffrin began his career at Three Cities Research, Inc., a middle market private equity firm.

“These talented professionals bring to MSD strong reputations and experience, and we expect they will be a great fit with our team as we continue to grow our platform and build long-term relationships with like-minded investors and other stakeholders who are important to our business,” said John Civantos, co-head of MSD Partners’ Private Capital Group.