Greystar appoints MD to lead US open-ended fund platform
Greystar Real Estate Partners has appointed Terri Herubin as a Managing Director of Portfolio Management responsible for the firm’s US open-ended fund platform.
Herubin will oversee the company’s flagship perpetual life funds in the US, and she will also serve as practice leader for Greystar’s international open-end investment vehicles.
“Greystar is creating a centre of excellence in sector-specific open-ended funds globally, and we remain a dominant and growing market leader in the management of these investment vehicles,” says Bob Faith, Founder and CEO of Greystar. “Our success can be directly attributed to our commitment to attracting and retaining the industry’s best talent. Terri exemplifies this strategy, and her role will be pivotal in supporting the continued global expansion of this critical aspect of our business.”
Most recently, Herubin served as Managing Director and Real Estate Senior Product Specialist at Angelo Gordon, where she contributed to the strategic growth of the firm’s real estate assets under management. She joined Angelo Gordon from Barings Real Estate, where she was a Managing Director and lead Portfolio Manager for the firm’s core open-end fund, as well as a member of the real estate equity investment committee. Prior to Barings Real Estate, Herubin held senior positions at The Townsend Group, United Development Company and New York State Teachers’ Retirement System.
“Terri is an exceptional talent with a demonstrated track record of managing various types of real estate investment vehicles, and we’re thrilled to have her on our team,” says Wes Fuller, Executive Managing Director of Investment Management at Greystar. Herubin has relocated to Greystar’s corporate headquarters in Charleston, SC and will report to Chris MacNaughton, Greystar’s Senior Managing Director of Portfolio Management.
Herubin holds a BA in urban planning from the University of Illinois at Urbana-Champaign as well as a JD from Brooklyn Law School, and she currently serves on the board of trustees for Brandywine Realty Trust.