In Brief: State Street Hires CEO Of N.Y. Life Realty Unit

Boston-based State Street Global Advisors has hired as director of real estate investment the head of New York Life Insurance Co.'s realty management firm.

Donald Conover, 47, has been chairman and chief executive officer of the firm, Greystone Realty Corp., since its founding in 1988.

Greystone manages more than $3 billion in real estate portfolios for New York Life and other institutional investors.

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