Wilmington Trust has recruited F Mackey Hughes as managing director of endowments and foundations for its Wealth Advisory Services business, a new post. Hughes, who is based in Baltimore, will lead business strategy and market development with endowments, foundations, and other nonprofits.

He joins Wilmington from Camden Partners, a Baltimore-based private equity firm in which Wilmington Trust owns a minority stake, where he was a business development partner.

While historically Wilmington Trust has served endowments and foundations, Hughes' hire is the latest step in a strategy to provide these institutions with access to additional investment and fiduciary resources, the firm said.

Before his five-year tenure at Camden, Hughes held senior positions over a 19-year period with Deutsche Bank Alex. Brown, including head of sales management and business development, managing director of sales in the Baltimore and Los Angeles offices, and managing director of the real estate group.