Former Diane von Furstenberg (DVF) president Paula Sutter has been appointed as CEO of TSG Fashion, a unit of investment firm TSG Consumer Partners.

In the newly-created role, Sutter is tasked with identifying and developing new investments for TSG in the apparel, footwear and accessories space. She will also work closely with the CEOs and management teams of Revolve, Paige, Alexis Bittar and other brands in the TSG Fashion portfolio.

With more than 25 years of experience in the fashion industry, Sutter most recently served as president of DVF. Prior to this, she was US vice president of the women's division at Donna Karan/DKNY.

"Paula's passion for brand building and expertise in the fashion arena will be tremendously valuable for TSG's partner companies," said Jennifer Baxter Moser, managing director at TSG Consumer Partners.

"We see Paula harnessing her proven track record, strategic leadership strengths and hands-on tactical approach to fuel the growth of our fashion portfolio."