Rockefeller Capital Management has named Ruchir Sharma to become managing director and chairman of Rockefeller International.

In the role, Sharma will act as an adviser to the firm, provide guidance to the global family office advisers and clients and serve as a «global brand ambassador,» the firm said in a press release Thursday. He will report directly to Rockefeller Capital President and CEO Gregory Fleming, the statement said.

Sharma will also form an investment company, Breakout Capital, which will build on his emerging markets experience and which Rockefeller Capital will partner, the firm said.

For 25 years, Sharma has been at Morgan Stanley Investment Management, most recently as head of emerging markets and chief global strategist, the statement said.

Rockefeller Capital Management is a New York-based asset manager which was spawned from the 138-year-old eponymous family office only around three years ago.

In mid-2020, Rockefeller Capital landed a $440 million investment from UBS into its sustainable fund, which picks stocks of companies improving their environmental, social, and governance, or ESG, standards.