AUSTIN,
Texas, June 20, 2024 /PRNewswire/ -- Pennybacker
Capital Management, LLC (Pennybacker), a leading real assets
investment manager, has hired Jamie
Pacala as Managing Director, Real Estate Investments, to
lead investments across the Northeast and Southeast regions of
the United States. Pacala is based
in New York.
Before joining Austin,
Texas-based Pennybacker, Pacala was a Managing Director at
Rockwood Capital where he focused primarily on acquisitions and
asset management across property sectors. During his nine-year
tenure there, Pacala led the expansion into several new investment
markets across the Southeast and Texas. Previously, he worked for Bank of
America Merrill Lynch as part of the real estate investment banking
team where he focused on mergers, acquisitions, and capital markets
advisory.
"We continue to build a differentiated investment team across
the spectrum of real assets," said Thomas
Beier, Principal and President of Pennybacker. "We are
delighted to bring on Jamie to lead the real estate investment team
and pipeline as we continue to expand our investment presence in
the Northeast and Southeast. Jamie's deep experience in
institutional real estate investment across property types will
have an immediate impact on our team."
About Pennybacker
Pennybacker Capital Management, LLC is a real assets investment
manager based in Austin, Texas,
with approximately $4 billion in
assets under management. The firm pursues real estate and
infrastructure strategies through closed-end and open-ended
vehicles across the capital structure. For more information, visit
https://www.pennybackercap.com.
Media Contacts:
Margaret Kirch Cohen/Richard Chimberg
margaret@newtonparkpr.com
(+1) 847 507 2229
rich@newtonparkpr.com
(+1) 617 312 4281
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SOURCE Pennybacker Capital Management, LLC