Industry News
Matthew Borstein has joined CIM Group as managing director and co-head of credit.
The new co-head has been with the firm since 2010.
BPC Opportunities Fund V raised over $750 million while the firm’s inaugural BPC Real Estate Debt Fund raised $545 million.
The investment board expects to appoint an executive director next month.
The plan is looking to fill a role previously held by Dan Bienvenue, who joined General Atlantic as a managing director in April.
The fund will target value-add opportunities within the U.S. multifamily sector.
Eric Jaffe was appointed ceo of BCA Research in November 2023, where he is responsible for leading the Montreal-based global investment research provider and guiding the firm through its next phase of growth.
The retirement systems first initiated a search for a new executive director in the third quarter.
The alternatives consulting firm has announced the addition of three new professionals to its team.
The managing director will lead Barings’ institutional distribution in the Midwest.