Range Equity Management Bolsters Team with Experienced Hire
Range Equity Management Appoints New Principal Monica Scieszka
Range Equity Management, L.P. (REM), a distinguished player in the real estate investment management sector, is excited to announce the addition of Monica Scieszka to its leadership team. In her new role, Scieszka is set to take the reins in guiding the firm's investment strategy, managing assets, overseeing operations, and interacting with investors.
A Bright Future Ahead
Scieszka expressed her enthusiasm, stating, "Joining Andy at REM felt like a natural step. He is a thoughtful, creative investor and a proven leader, and I'm excited to help scale a next-generation investment firm alongside him." This reflects not only her trust in the firm's vision but also her commitment to building an innovative investment platform that offers distinct opportunities to investors.
Her Background and Expertise
A graduate of the University of Michigan's Ross School of Business, Scieszka brings a wealth of experience from her previous role at Dune Real Estate Partners. There, she spent six years playing an integral role in executing strategic investments that spanned various sectors and regions. Her journey in the finance world began at Walton Street Capital, where she first honed her skills in asset management and investment.
Strengthening the Team
Andrew Gindy, Founder and Managing Partner at REM, highlighted the significance of Scieszka's arrival, saying, "We are thrilled to welcome Monica to our team as we continue to grow our platform. Having worked together in the past, I know Monica is an exceptional investor. She has proven to be a team player and leader. We are seeing tremendous pipeline as we are in the early innings of the deleveraging cycle."
About Range Equity Management
Founded in 2024, Range Equity Management stands at the forefront of investment in operational real estate opportunities. By strategically leveraging its expertise, REM actively pursues investments across the capital structure in both direct and platform opportunities. Within a short timeframe, the firm has successfully accomplished significant transactions, including a notable $100 million rescue of a distressed resort.
Unique Investment Approach
REM's investment strategy is distinctive as it can function flexibly in both General Partner and Limited Partner capacities across various holding periods. This versatility not only sets them apart from competitors but also positions them advantageously to seize unique market opportunities.
The Team Behind REM
Scieszka's inclusion is a testament to REM's commitment to building a robust team equipped to navigate the ever-changing landscape of real estate investment. The partners at REM possess extensive transaction experience and have led or participated in numerous acquisitions and financing deals across all major property types including lodging, gaming, office, multifamily, industrial, retail, and more. The firm's focus on operational real estate ensures a solid foundation for growth and success.
Looking Ahead
With an ambitious vision and a clear strategy, REM aims to continue expanding its impact and presence in the real estate investment sphere. The addition of talented individuals like Scieszka signals a promising future for REM as it embraces opportunities and challenges alike.
Frequently Asked Questions
Who is Monica Scieszka?
Monica Scieszka is a newly appointed Principal at Range Equity Management, responsible for leading investment strategies and operations.
What role will Scieszka play at REM?
She will head the firm's investment strategy, asset management, and investor relations, contributing to the firm's growth.
When was REM established?
Range Equity Management was established in 2024 and focuses on operational real estate investments.
What investment approach does REM use?
REM invests opportunistically across the capital structure in both direct and platform opportunities, versatile in its roles as GP or LP.
Who are the key people behind REM?
The firm features experienced partners, including Andrew Gindy, who have led numerous real estate transactions across various sectors.
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