Los Angeles-based investment management firm Kayne Anderson Capital Advisors announced Monday it has hired Bracewell partner Jarvis Hollingsworth as general counsel.

He succeeds Kayne's current top lawyer, David Shladovsky, who has been with the firm since 1997 and also serves as secretary and senior managing director. Shladovsky, who formerly was corporate counsel to Hughes Hubbard & Reed, will remain at Kayne until his eventual retirement.

In 2017, Texas Gov. Greg Abbott tapped Hollingsworth to serve as chairman of the Teacher Retirement System of Texas Board of Trustees, the largest public retirement system in Texas and the sixth largest public pension trust fund in the country.

The Teacher Retirement System manages more than $150 billion in assets and health care benefits for more than 1.5 million retirees and public education employees. Kayne manages about $30 billion in assets for institutional investors, family offices, and high-net-worth and retail clients. The firm manages investments in energy, infrastructure, real estate, credit and growth equity.

Hollingsworth also will serve on Kayne's executive committee and work in the firm's Los Angeles and Houston offices while reporting to CEO Mike Levitt, who trumpeted his new general counsel's “unique combination of talents.”

“Jarvis' leadership skills, reputation and excellent counsel will be invaluable to us as we continue to grow and build for the future,” Levitt added.

Hollingsworth joined Bracewell in 2002 with a practice focused on corporate governance, according to his LinkedIn profile. He also serves on the board of directors of financial technology company Emergent Technology Holdings in Santa Clara, California, and Cullen/Frost Bankers Inc. in San Antonio, Texas.

A graduate of the University of Houston Law Center and the U.S. Military Academy at West Point, Hollingsworth served as a U.S. Army captain for three years before he began his law career in 1993 as a senior associate at Fulbright & Jaworski. The firm merged in 2013 with Norton Rose to become the global firm Norton Rose Fulbright.