Pennybacker Expands Its Capital Formation Team
Pennybacker Capital Management, LLC (Pennybacker), a leading investment manager in real assets, is thrilled to announce the appointment of Carey Doyle as the new Managing Director of Capital Formation. Doyle will spearhead the firm’s capital formation initiatives, bringing with her a wealth of expertise and a fresh perspective.
Carey Doyle's Professional Journey
Prior to her role at Pennybacker, Doyle served as a Director at Lazard, where she played a key role in developing capital formation strategies across the central U.S. With over 15 years of experience in private equity real estate and real assets, she is well-prepared to navigate the challenges and opportunities within this dynamic sector.
Previous Roles and Accomplishments
Doyle has held senior positions at Park Madison Partners, Macquarie (formerly GLL Real Estate Partners), and Cushman & Wakefield. Her extensive background in capital formation makes her a significant asset to Pennybacker and its stakeholders.
Pennybacker’s Vision for Future Growth
Andrew Knox, the Head of Capital Formation at Pennybacker, expressed his excitement about Doyle joining the team, highlighting their commitment to growth and excellence. "We are focused on expanding and enhancing our capital formation initiatives," he stated. He also mentioned that Doyle’s in-depth understanding of real assets and her extensive experience with limited partners align seamlessly with the firm's strategic goals.
Enhancing the Pennybacker Team
Tim Berry, the Chief Executive Officer and Co-Chief Investment Officer of Pennybacker, shared his views on the new appointment: "Having known Carey for many years, we are excited to welcome her to our team. Her expertise not only reinforces our commitment to advancing the firm but also complements our ongoing efforts to improve our capital formation capabilities through recent strategic hires."
About Pennybacker Capital Management
Pennybacker Capital Management is a prominent real assets investment manager with significant operations in major U.S. markets. The firm is based in a vibrant location and has additional offices in Charlotte, Dallas, Denver, and New York. With nearly $4 billion in assets under management, Pennybacker engages in a variety of real estate and infrastructure strategies, using both closed-end and open-ended vehicles to achieve investment success.
Contact Information
For media inquiries, please reach out to the well-regarded PR agency Newton Park PR, LLC. Interested individuals can contact:
Margaret Kirch Cohen
(+1) 847 507 2229
margaret@newtonparkpr.com
Richard Chimberg
(+1) 617 312 4281
rich@newtonparkpr.com
Frequently Asked Questions
What is the role of Carey Doyle at Pennybacker?
Carey Doyle has been appointed as the Managing Director of Capital Formation at Pennybacker, where she will lead capital formation efforts.
What does Pennybacker Capital Management focus on?
Pennybacker focuses on real assets investment management, involving real estate and infrastructure strategies.
How much capital does Pennybacker manage?
Pennybacker manages approximately $4 billion in assets across various investment strategies.
Where are Pennybacker's offices located?
Pennybacker has offices in locations including Charlotte, Dallas, Denver, and New York, in addition to its headquarters.
Who can be contacted for media inquiries about Pennybacker?
Media inquiries can be directed to Newton Park PR, LLC, specifically to Margaret Kirch Cohen or Richard Chimberg.