Tue, 27/11/2012 - 16:38
Resource Real Estate (RRE), a subsidiary of Resource America, has appointed Scott Crowe, managing director, to lead its newly formed real estate securities unit.
Crowe joins RRE after serving as global real estate portfolio manager at Cohen & Steers, where he was responsible for more than USD10bn in institutional funds under management and led a team of more than 20 portfolio managers and analysts in New York, London and Hong Kong.
“Scott's deep understanding of global real estate securities and institutional investors will enable Resource America and Resource Real Estate to grow its existing USD15bn AUM. As former global head of real estate equity research at UBS, overseeing offices in Australia, London and New York, Scott brings global perspective to our real estate securities platform,” says Alan Feldman, chief executive of Resource Real Estate.
“I’m thrilled to join a true real estate organisation, where the leadership has worked together for more than two decades in creating a discipline for successful investing. Our collective vision is to build a world-class real estate securities platform to provide investment solutions for both institutional and mutual fund investors globally,” says Crowe.
Resource Real Estate and its parent have offices in New York, Los Angeles, London, Singapore as well as its headquarters in Philadelphia and additional locations across the US.
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