Le Lézard
Classified in: Business
Subject: PER

Pennybacker Hires Jamie Pacala as Managing Director, Real Estate Investments

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
[email protected]
(+1) 847 507 2229
[email protected]
(+1) 617 312 4281

SOURCE Pennybacker Capital Management, LLC

These press releases may also interest you

at 05:25
Previously the Head of Commodity Derivatives (Americas) at BNP Paribas and CEO of Commodities EMEA of J.P. Morgan, Ms. Flax brings a wealth of experience and knowledge to the Zefiro organization. Named the Most Influential Woman in European...

at 05:20
Hello and welcome to Wisdom Without Borders.   In this series, we will explain the whys, whens and wherefores of classical quotations used by President Xi Jinping. In this episode, we will explain the line, "Think of the...

at 05:05
Mercantile Bank Corporation ("Mercantile") reported net income of $18.8 million, or $1.17 per diluted share, for the second quarter of 2024, compared with net income of $20.4 million, or $1.27 per diluted share, for the second quarter of 2023.  Net...

at 05:00
36Kr Holdings Inc. ("36Kr" or the "Company") , a prominent brand and pioneering platform dedicated to serving New Economy participants in China, today announced that it has entered into a strategic partnership with Zhi-Tech Group ("Zhi-Tech," SZ:...

at 05:00
hedgehog lab, a global digital product consultancy, today announced that it has signed strategic partnerships with Contentful and SHOPLINE. These partnerships aim to empower enterprises to deliver exceptional digital products and...

at 05:00
Technology-powered talent advisory Sinecure, Inc. announced today it has acquired recruitment services firm Strategy Source in a move to enhance its unique market position as the only talent company to combine the power of AI with the personal touch...

News published on and distributed by: