Vicky Schiff has sold her interests in Mosaic Real Estate Investors, a company that she co-founded in 2015 with Ethan Penner. As part of Schiff's departure, private equity firm Lubert Adler Real Estate Funds completed a significant capital investment into Mosaic Real Estate Credit Funds, which included a buyout of Schiff's interests in the company.

Schiff made the announcement of her departure at GlobeSt.com's Women of Influence event last week. She did not reveal her next plans, but noted that she is currently in law school to continue to grow and learn, although she has no plans to work as a lawyer. She will continue to serve on public and private company boards and work on ESG and impact investing. She is also dedicated to philanthropic endeavors, including promoting financial literacy to lower and middle-income students and families.

At Mosaic, Schiff and Penner have built a robust lending platform focused on alternative opportunities. In just six years, the company has surpassed $3 billion of originations while establishing itself as a leader in the debt fund space. It isn't surprising considering Schiff's had a noteworthy career before Mosaic. In her more than three-decade career, she has co-founded five successful firms, including a $400-plus million institutionally supported fund and a boutique investment banking firm than raised more than $6 billion on behalf of real estate and private equity firms.