SAN FRANCISCO--(BUSINESS WIRE)--Allison Fremed joins Galvanize Climate Solutions (“Galvanize”) as Portfolio Manager and Chief Operating Officer for Galvanize’s recently launched sustainable real estate investment strategy. Reuniting with her former colleagues, Joseph Sumberg, Nicolette Jaze and Nadine Anderson, Allison will be based out of Galvanize’s New York office.
Allison previously spent 10 years at Goldman Sachs, most recently as a Vice President in the Goldman Sachs Asset Management ("GSAM") Real Estate group. While at Goldman, Allison oversaw the portfolio management of seven funds focused on US investments in core, core-plus, value-add and development, and was a member of the Investment Committee. Allison also served as a member of GSAM Real Estate's acquisitions team, investing in multifamily, student housing, industrial, office and retail investments throughout the US. Allison started her career at RBC Capital Markets working in the Real Estate Investment Banking group.
At Galvanize, Allison will help shape the investment thesis for sustainable investing in the U.S. commercial real estate. She will focus on optimizing risk adjusted returns through portfolio management across all property types, with an initial focus on multifamily, industrial, student, and self-storage.
“Allison has established herself as a disciplined investor able to identify and manage risk and exploit opportunities,” said Joseph Sumberg, Managing Partner & Head of Real Estate. “She will be instrumental in helping our growing team identify compelling real estate investment opportunities where we can achieve our decarbonization goals.”
“We cannot tackle the climate crisis without strategizing for our built environment,” said Katie Hall, Co-Executive Chair of Galvanize. “Allison’s extensive experience in real estate portfolio management will be a driving force as the Galvanize team forges a path to a net-zero portfolio.”
“I’m thrilled to be joining the Galvanize team to help expand their sustainable real estate portfolio,” said Allison Fremed, Portfolio Manager and Chief Operating Officer at Galvanize Sustainable Real Estate. “I look forward to working with the team to ensure our investment thesis centered around decarbonization and sustainability frameworks will aim to bring long-term value to investors and our environment.”
ABOUT GALVANIZE CLIMATE SOLUTIONS
Galvanize Climate Solutions (“Galvanize”) is a climate-focused global investment firm delivering capital and expertise to accelerate climate solutions. Founded by Katie Hall and Tom Steyer, Galvanize invests across asset classes including venture capital and growth equity, public equities, and real estate. We integrate expertise across investment, climate impact, market development, talent, technology, and policy with the aim of driving material climate impact and creating long-term value for our investors.