NEW YORK--(BUSINESS WIRE)--Macquarie Capital, the corporate advisory, capital markets and principal investing arm of Macquarie Group (“Macquarie”) (ASX:MQG; ADR:MQBKY), today announced the appointment of Prabhu Raman and John Wieker as Managing Directors in Macquarie Capital’s Real Estate Group. They are both based in Macquarie’s New York office.
Mr. Raman was previously at Bank of America Merrill Lynch where he was the Global COO and Portfolio Manager for the Global Real Estate Investments division. In his role, Mr. Raman oversaw structuring and operations for the $3B Merrill Lynch Real Estate Principal Investments unit investing in the U.S., Latin America, Europe and Asia on balance-sheet and through funds, focusing on building and managing joint ventures and operating platforms. In addition, Mr. Raman was responsible for all operational processes for the business unit including real estate asset management, counterparty strategy, fund structuring and portfolio reporting. Mr. Raman started his career as a real estate and finance attorney, working for a number of global law firms as well as the Attorney General’s office in Sydney, Australia.
Mr. Wieker brings more than 15 years of real estate investment banking experience, having executed over $40 billion of M&A transactions and $50 billion of public capital markets offerings. He was most recently a Director in the Real Estate Investment Banking at Citigroup Global Markets, where he lead deal execution for REIT, private equity and hedge fund clients across a range of property sectors, including multifamily, retail, office and industrial.
"We are delighted to have Prabhu and John join the team as we continue to build out our Global Real Estate platform," said Chris Green, Global Head of Real Estate for Macquarie Capital. "Their extensive experience across a broad range of real estate clients and geographic regions, combined with their proven leadership capabilities and real estate expertise, further strengthen our team’s ability to provide strategic advice and capital solutions to our growing client base.”
Mr. Raman received his Bachelor of Commerce (B.Com), majoring in Finance and Bachelor of Laws (L.L.B) from the University of New South Wales in Sydney, Australia. He is an Admitted Attorney in Australia, New York and California. Mr. Wieker received his MBA from Columbia Business School and his BS in Business Administration from the University of Southern California.
Macquarie Capital Real Estate is a leading global adviser, capital arranger and investor in the real estate space:
- Advised on $57bn in equity from leading global pension and sovereign funds across over 110 private capital transactions since 2003
- Global platform with over 60 real estate specialists
- Strong track record of investing in and growing integrated real estate asset managers
About Macquarie Group
Macquarie Group (Macquarie) is a global provider of banking, financial, advisory, investment and funds management services. Macquarie’s main business focus is making returns by providing a diversified range of services to clients. Macquarie acts on behalf of institutional, corporate and retail clients and counterparties around the world. Founded in 1969, Macquarie operates in more than 70 office locations in 28 countries. Macquarie employs approximately 14,372 people and has assets under management of more than $367 billion (as of March 31, 2016).
Macquarie Capital comprises Macquarie Group’s corporate advisory, capital markets and principal investing capabilities. Macquarie Capital’s expertise spans a variety of industry sectors including telecommunications, media, entertainment, gaming, financial institutions, energy, resources, real estate, infrastructure, utilities and renewables.