Strategic Partners Fund Solutions (“Strategic Partners”) announced today that Mark Burton has joined to lead its real estate secondaries practice. Mr. Burton will serve as a Principal and oversee Strategic Partners’ real estate secondary investment activities.
Mr. Burton joins Strategic Partners from H/2 Capital Partners, a commercial real estate credit manager, where he was a Managing Director focused on distressed commercial mortgage opportunities. Prior to joining H/2, Mr. Burton worked at Goldman Sachs for eleven years in the Special Situations Group overseeing domestic commercial real estate investing and lending.
Stephen Can, Co-Head of Strategic Partners, said: “We could not be more pleased to have Mark joining to lead our real estate secondary efforts as we invest the 2011 vintage Strategic Partners Fund V RE, our fourth dedicated real estate secondary fund. Mark’s depth of experience as a principal real estate investor will undoubtedly benefit our real estate secondaries practice and provide extensive insight to the Strategic Partners platform. Mark’s talents and formidable investing skills will be critical to our continued real estate success.”
Verdun Perry, Co-Head of Strategic Partners, said: “Strategic Partners is a pioneer in the real estate secondary space, having raised four prior dedicated real estate funds and having completed our first real estate secondary transactions in 2000-2001. The addition of Mark to our business will significantly strengthen our current real estate activities and allow us to continue capitalizing on opportunities in the real estate secondaries market.”
Mark Burton added: “I am delighted to join Strategic Partners, a preeminent and longstanding secondary private equity and real estate investor, and help continue its success in secondary real estate investing. I am excited to grow the secondary real estate business as we take advantage of the tremendous opportunity in the secondary real estate market.”
About Strategic Partners
Strategic Partners Fund Solutions is a leading investor in the secondary market for institutional and private-wealth limited-partner interests in private equity, real estate, venture capital, and other areas. The Strategic Partners team has long-term experience in providing limited partners a range of liquidity solutions on a fair, timely and confidential basis, and has raised over $14 billion in capital commitments since its founding in 2000. Focusing on opportunities in funds globally, Strategic Partners uses its market positioning and substantial knowledge of fund investments to reinforce its already established reputation as a nimble and responsive investor.