CIM Group Continues Strategic Expansion of Global Client Group with Appointment of Barry Schanker as Managing Director, Head of Private Wealth

LOS ANGELES--(BUSINESS WIRE)--CIM Group announced today the appointment of Barry Schanker as Managing Director, Head of Private Wealth to lead the company’s dedicated Private Wealth team. Mr. Schanker will manage day-to-day operations of the team and oversee business development initiatives to increase awareness of CIM Group’s investment opportunities across its real estate, infrastructure and credit platforms.

“We are excited to welcome Barry Schanker, an exceptionally well-respected industry veteran, to lead the Private Wealth team,” said Emily Vande Krol, Principal, who oversees the Global Client Group. “He is an experienced leader with deep industry knowledge, longstanding partnerships, and a proven track record in structuring institutional opportunities into innovative solutions for private wealth clients.”

Mr. Schanker brings over 30 years of investment experience across real estate, infrastructure, private equity, private credit and hedge funds. Most recently, Mr. Schanker was Managing Director, Head of Wealth Solutions and Client Portfolio Management at FS Investments, where he led the growth of the private wealth investments and client support programs. Prior to that, he was Managing Director, Head of U.S. Wealth at Man Group, overseeing distribution and national accounts for all product suites while leading the company’s expansion into the high-net-worth private investor market. Mr. Schanker also held similar positions at Skybridge Capital, Citigroup Alternative Investments and Salomon Smith Barney.

“CIM Group is a leading investor with institutional-quality products tailored for private wealth channels. I look forward to leveraging my alternative investment experience to further broaden our reach, delivering private wealth investors and advisors with a diverse range of customized solutions in real estate, infrastructure and credit,” said Mr. Schanker.

About CIM Group

CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. Since 1994, CIM has sought to create value in projects and positively impact the lives of people in communities across the Americas by delivering more than $60 billion of essential real estate and infrastructure projects. CIM’s diverse team of experts applies its broad knowledge and disciplined approach through hands-on management of real assets from due diligence to operations through disposition. CIM strives to make a meaningful difference in the world by executing key environmental, social and governance (ESG) initiatives and enhancing each community in which it invests. For more information, visit www.cimgroup.com.