The entire former Capmark Investments' real estate equity leadership team of Robert Fabiszewski, William Martin, Wayne Harris, Paul Dolinoy and Gene Conway as well as 25 other employees, including five in the UK, are joining TRECAP to continue to manage the acquired funds and client accounts.
"TRECAP embraces the opportunity to work closely and effectively with all the clients invested in these acquired funds, who consented to this transaction," Tibbetts said in a statement. "After a yearlong effort, we now have an extremely well capitalized firm, with a full range of investment services, and proudly join together with Bob Fabiszewski and the rest of his proven team to provide the highest level of service, meet our fiduciary responsibility and deliver results," he continued. "In especially challenging commercial real estate markets, the combined experience and knowledge in the TRECAP organization and our affiliates should provide a major advantage to our investors in core and value added real estate investments."
Fabiszewski, who oversees existing TRECAP funds, added, "The TRECAP platform brings welcome stability to our team, which stays together, and significantly enhances our operating capabilities for our clients, who should benefit from the substantial networks of services and support provided by the TRECAP principals, the Hunt Cos., and Transwestern."
Formed in 2009 to provide investment management and advisory services to institutional and high net worth investors as well as insurance companies and sovereign wealth funds, TRECAP now has offices in Sarasota, FL; Philadelphia; San Francisco; Atlanta; Irvine, TX; and London. Its operations are also supported by Transwestern's US network of 26 offices, and affiliate Hunt Cos.' operating platform, headquartered in El Paso, TX.
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