Steinour joins CrossHarbor Capital Partners

CrossHarbor Capital Partners LLC said today that Stephen D. Steinour will join the Boston-based investment firm.

The announcement comes two weeks after Citizens Financial Group disclosed that Steinour planned to step down as its chief executive.

Steinour will join CrossHarbor Capital Partners immediately and hold the title of managing partner, said CrossHarbor, which specializes in real estate as well as distressed securities and private equity.

Steinour's departure from Providence-based Citizens Financial capped a series of reorganizations at New England's second largest bank, which had grown by acquisitions under a Steinour predecessor, Lawrence K. Fish.

For previous Globe coverage on Steinour, click here.
(By Chris Reidy, Globe staff)