Real estate private equity firm TerraCap Partners has named James Lane as the firm's director of investor relations.
In this new role, Lane will communicate directly with TerraCap's existing clients and also use his contacts in the institutional investor community to assist the firm in raising capital for its latest real estate private equity fund, TerraCap Partners II, as well as the firm's future funds.
"We look forward to welcoming someone with Jamie's sales and client relations experience as our business continues to expand to capture the growing commercial real estate opportunities in the market," says W Stephen Hagenbuckle, TerraCap's co-managing principal. "His marketing acumen and preexisting relationships with a broad range of institutional investors will be core assets to the team."
Prior to joining TerraCap, Lane worked at Opal Financial Group in several capacities, starting as a sales associate before getting promoted to vice president of sales, later becoming senior vice president in 2009. Lane was responsible for organising Opal's investment conferences and ensuring institutional investors were among the attendees.
TerraCap is currently raising a USD200m fund for commercial real estate and has received commitments of more than USD106m so far from several large institutional investors, including university and other large endowments, foundations, and ultra high net worth investors.