The firm, which is based in New York and New Jersey, manages the EGShares exchange-traded family of funds. Robert Holderith, president of the firm and a former managing director of UBS Wealth Management in New York City, founded it in 2008. The firm then went on to hire Marten Hoekstra, the former chief executive of UBS Wealth Management Americas, as chief executive early last year.

Ciccarone joined last week after three years at Goldman Sachs’ financial institutions group, according to the report. She is also a former UBS employee, having joined Goldman from UBS in 2009 after working at the Swiss firm since 2002. She became a managing director at Goldman in 2010.

“I am happy to join a firm that is leading the effort to provide investors with tools for core emerging-market investment allocations,” Ciccarone is quoted as saying.