Fund manager Paul Ghaffari joins Vulcan Capital as chief investment officer.

Business and philanthropic conglomerate Vulcan has hired Paul Ghaffari as chief investment officer of its corporate venturing unit.

Vulcan Capital invests in public and private securities from venture capital to buyouts and listed equities. Vulcan was founded in 1986 by Paul Allen, co-founder of software company Microsoft.

Ghaffari, 51 (pictured), was previously portfolio manager of Palatine Hill Partners, a fund focused on equity, fixed income and currency investments that he founded in January 2007, as well as Capitoline, a fund…