NEW YORK--(BUSINESS WIRE)--Investcorp, a global provider and manager of alternative investment products, announced today that Mark Patterson has joined the Firm’s Real Estate team as its first Advisory Director. Mr. Patterson will join Investcorp’s New York office and will be focused on expanding the Firm’s real estate platform. Additionally, Mr. Patterson will serve as a member of the Investment Committee and assist in evaluating transactions for the Firm.
Mr. Patterson brings more than 30 years of experience in investments and capital markets and has been involved in a wide variety of financing activities that have spanned the real estate industry in global property markets.
Jonathan Dracos, Head of Real Estate and lead for investment teams in North America and Europe said, “We are very pleased to have Mark join Investcorp as the Firm’s first Real Estate Advisor. I’m looking forward to working closely with him in continuing the growth of our global real estate assets.”
“I am excited to join the Investcorp team at such a pivotal time in the Firm’s history,” said Patterson. “As one of the largest private Gulf real estate investors in the U.S. and with recently expanded capabilities in Europe, I’m eager to build upon the Real Estate team’s successful track record.”
Mr. Patterson is currently a consultant and President of MP Realty Advisors LLC. Previously, Mr. Patterson served as Chairman of Boomerang Systems, Inc. and as its Chief Executive Officer until January 2015. Additionally, until January of 2009, Mr. Patterson served as the Managing Director and the Head of Real Estate Global Principal Investments at Merrill Lynch & Co., Inc., where he oversaw real estate investment banking, mortgage debt and principal investing activities. Prior to joining Merrill Lynch, Mr. Patterson spent 16 years at Citigroup where he was the Global Head of Real Estate Investment Banking. He holds a B.B.A. from the College of William & Mary in Virginia and an M.B.A. from the University of Virginia Colgate Darden School.
Investcorp is a leading provider and manager of alternative investment products and is publicly traded on the Bahrain Bourse (INVCORP). Investcorp focuses on generating investor and shareholder value through a disciplined investment approach in four lines of business: corporate investment, real estate, alternative investment solutions (formerly known as hedge funds), together with the recently added credit management business. Investcorp employs approximately 390 people across its offices in New York, London, Bahrain, Saudi Arabia, Abu Dhabi and Singapore.