XA Investments (XAI), a Chicago-based alternative investment management and consulting firm, has announced that Tom McCabe joined XAI as a director of regional sales. McCabe brings vast expertise in product and service offerings specifically focusing on registered investment adviser (RIA), broker dealer and family office networks on the East Coast, to accelerate XAI’s distribution efforts in the interval fund and closed-end fund marketplace.
McCabe has more than 15 years of work in financial services, focusing on evolving product and service offerings and working closely within the RIA marketplace. Most recently, he was a sales executive for RIA, Defined Contribution Investment Only (DCIO) and retirement plans at Vanguard. In his prior roles, he was responsible for developing and maintaining relationships with RIAs in the Southeast region and managing an array of product offerings including mutual funds, exchange traded funds (ETFs) and separately managed accounts (SMAs).