TPG RE Finance Trust, Inc. Appoints Matthew Coleman as President
July 29 2020 - 6:40AM
Business Wire
Experienced TPG Real Estate Executive Joins
TRTX, Further Strengthening Management Team
TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the
“Company”) announced today that Matthew Coleman has been appointed
as President of the Company, effective immediately. In his role,
Coleman will work alongside TRTX’s Chief Executive Officer, Greta
Guggenheim, to continue growing the platform and enhancing
shareholder value. Coleman, a Partner of TPG, will also continue in
his role as Chief Operating Officer of TPG Real Estate.
“Matt’s years of experience as a leader in real estate private
equity, in-depth understanding of the TRTX platform, and
operational expertise will bring significant value to our
shareholders,” said Greta Guggenheim, CEO of TRTX. “We have taken
several steps over the past few months to adapt and strengthen our
platform in the face of immense market disruption, and Matt’s
appointment solidifies that important progress. I look forward to
partnering with him as we continue to position the Company for
future success.”
Prior to joining TPG in 2012, Coleman served as a Senior Vice
President of the real estate private equity group at D. E. Shaw
& Co. From 2000 through 2005, Coleman was an attorney in the
New York City office of Cravath, Swaine & Moore LLP, where he
practiced in the areas of mergers and acquisitions, leveraged
finance, and securities. Coleman currently serves on the Boards of
Directors of Bluegrass Senior Living, Tempore Properties, and
Campus Student Housing.
“Over the past five years, TRTX has built a specialized and
established platform that is led by a team of seasoned lenders,”
said Coleman. “As we enter TRTX’s next phase of growth, I look
forward to working with the team to capitalize on opportunities
that deliver differentiated, long-term value to our
shareholders.”
ABOUT TRTX
TPG RE Finance Trust, Inc. is a commercial real estate finance
company that originates, acquires, and manages primarily first
mortgage loans secured by institutional properties located in
primary and select secondary markets in the United States. The
Company is externally managed by TPG RE Finance Trust Management,
L.P., a part of TPG Real Estate, which is the real estate
investment platform of global alternative asset firm TPG. For more
information regarding TRTX, visit https://www.tpgrefinance.com/
Forward Looking Statements
The information contained in this press release contains
“forward‐looking statements” within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. These forward-looking
statements are subject to various risks and uncertainties,
including, without limitation, statements relating to the
performance of the investments of the Company; the ultimate
geographic spread, severity and duration of pandemics such as the
recent outbreak of novel coronavirus (“COVID-19”), actions that may
be taken by governmental authorities to contain or address the
impact of such pandemics, and the potential negative impacts of
such pandemics on the global economy and the Company’s financial
condition and results of operations; the Company’s ability to
originate loans that are in the pipeline and under evaluation by
the Company; and financing needs and arrangements. Forward‐looking
statements are generally identifiable by use of forward‐looking
terminology such as “may,” “will,” “should,” “potential,” “intend,”
“expect,” “endeavor,” “seek,” “anticipate,” “estimate,” “believe,”
“could,” “project,” “predict,” “continue” or other similar words or
expressions. Forward-looking statements are based on certain
assumptions, discuss future expectations, describe existing or
future plans and strategies, contain projections of results of
operations, liquidity and/or financial condition or state other
forward‐looking information. Statements, among others, relating to
the continuing impact of COVID-19 on the Company’s business,
financial condition and results of operations and the Company’s
ability to generate future growth and deliver returns are
forward-looking statements, and the Company cannot assure you that
TRTX will achieve such results. The ability of TRTX to predict
future events or conditions or their impact or the actual effect of
existing or future plans or strategies is inherently uncertain.
Although the Company believes that such forward‐looking statements
are based on reasonable assumptions, actual results and performance
in the future could differ materially from those set forth in or
implied by such forward‐looking statements. You are cautioned not
to place undue reliance on these forward‐looking statements, which
reflect the Company’s views only as of the date of this press
release. Except as required by law, neither the Company nor any
other person assumes responsibility for the accuracy and
completeness of the forward‐looking statements appearing in this
press release. The Company does not undertake any obligation to
update any forward-looking statements contained in this press
release as a result of new information, future events or
otherwise.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20200729005172/en/
Media Luke Barrett media@tpg.com
TPG Real Estate Finance (NYSE:TRTX)
Historical Stock Chart
From Sep 2024 to Oct 2024
TPG Real Estate Finance (NYSE:TRTX)
Historical Stock Chart
From Oct 2023 to Oct 2024