New Boston Fund Inc., a private equity real estate investment, development and management firm, has promoted Dan McGrath to assistant vice president where he will work with the Northeast development team and the national asset management team. 

In his asset management role, McGrath will help New Boston’s regional asset managers to manage and lease the firm’s portfolio along the East Coast and in the Midwest. He will also focus on developing disposition strategies for assets that New Boston has successfully repositioned and added value.

"[McGrath] has long been New Boston’s go-to ‘utility player,’ serving in a wide variety of roles across the organization and he is very deserving of this new title and added responsibility," Gary Hofstetter, senior vice president, said in a statement. "We look forward to his continued valuable and vast work product in this new role."

McGrath joined New Boston in 2000 as a member of the firm’s investor relations and equity team. Most recently, he was a senior analyst.