Investment manager Colony Capital Inc. announced two new senior appointments.

Andrew Witt was promoted to COO of Global Credit, from managing director, and Kevin Smithen was promoted to managing director, global head of strategy and capital formation at Colony, from managing director and head of strategy at Digital Bridge and Digital Colony.

Witt will lead Colony's credit business, managing the operational and investment-related aspects of both private and public credit at Colony Credit Real Estate Inc. and at Colony, and will continue to serve on the credit committee and investment committee for Colony Credit.

Smithen will lead the implementation of the firm's digital Colony 2.0 strategy to build an industry-leading platform for digital real estate and infrastructure and will lead institutional capital formation across Colony's global investment management business. He will maintain his responsibilities for the Digital Colony Partners fund, including the sourcing of unique and proprietary deals and co-investment opportunities.