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Rockefeller Group Forms Investment Sub

NEW YORK CITY-Dennis Irvin is tapped as president and CEO to head the group--which will greatly expand Rockefeller Group's global capabilities.

By Natalie Dolce | Updated on September 19, 2007

NEW YORK CITY-Dennis R. Irvin has been named president and CEO to lead Rockefeller Group Investment Management Inc., a new subsidiary of locally based Rockefeller Group, which was previously a majority stakeholder of Cushman & Wakefield . “The newly formed subsidiary will greatly expand our company’s capabilities in the global real estate arena,” says Jonathan Green, president & CEO of Rockefeller Group International Inc., who adds that the initiative is part of the company’s strategy of “redeploying our assets from the Cushman & Wakefield sale.”

Green tells GlobeSt.com that he has known Irvin since he was at JP Morgan. “He is widely experienced and we have always been looking for the perfect position for him with us, and this is it,” adding that he is “confident that we’ve found the appropriate person to lead our efforts to offer interested outside investors the opportunity to participate financially in our developments here and abroad.” Irvin will report directly to Green.

As president and CEO of RGIM, Irvin, who was previously was the senior managing director and Group Head of CIT Commercial Real Estate Group, will formulate the business strategy for the new company and will oversee the subsidiary’s daily operations. “We envision Rockefeller Group Investment Management as the entity through which we will ultimately coordinate all of our investment management activities,” Green says, “and will raise funds to underwrite a greatly expanded real estate development program in the future.”

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