Landmark Partners Inc., an institutional investment management firm, has hired Francisco L. Borges, president of General Electric Co.'s FGIC Government Services Inc. and a former Connecticut state treasurer.

Mr. Borges will be president of the Simsbury, Conn., firm and a managing partner. Its clients include public and private pension funds, insurance companies, and endowments.

Landmark specializes in venture capital, mezzanine, buyout, and real estate investments.

Before becoming president of FGIC Government Services, Mr. Borges was the managing director of another GE Capital Services unit, Financial Guaranty Insurance Co.

He was state treasurer from 1986 to 1993, and before that was deputy mayor of Hartford.

Landmark Partners' chairman is Stanley F. Alfield.

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