Apollo announces appointments of seasoned team.Apollo Real Estate Advisors L.P. has announced several executive appointments. Robert Gigliotti, William McCahill and Steven Wolf have joined the firm as partners in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . Apollo previously announced that Dean Pentikis, a partner formerly based in New York, has been appointed head of Apollo's Los Angeles office. Gigliotti, who joined Apollo as a partner after 20 years in the real estate group at GE Asset Management, is focusing on acquisitions for Apollo's domestic opportunity and value-added funds. McCahill, a former Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. and Chase Manhattan Bank The Chase Manhattan Bank, now part of JPMorgan Chase, was formed by the merger of the Chase National Bank and the Bank of the Manhattan Company in 1955. The bank is headquartered in New York City. executive, is a partner concentrating on real estate mezzanine and other debt investments. Wolf, a founding principal of Westside Capital Advisors LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , is a partner overseeing Apollo's Value Enhancement Funds, and directing asset management for domestic fund and joint venture investments. Pentikis, who joined Apollo in 1999, now heads the firm's West Coast equity and debt investment business. He replaces Richard Ackerman, who left the firm to form an independent real estate investment and development company. "This highly experienced and seasoned team reflects the growth of Apollo's business and the success of our funds," said Lee Neibart, Apollo senior partner. "We've raised about $1.5 billion in capital in the U.S. for new investments across several of our funds." Previously, Gigliotti was managing director in the real estate group of GE Asset Management, a position he held from 1988. Most recently, McCahill was a real estate consultant in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. advising clients on real estate finance. Prior to founding Westside Capital Advisors in 2003, Wolf held the position of director at Credit Suisse First Boston Credit Suisse First Boston was originally the trading name of the Financière Crédit Suisse-First Boston, a London-based 50-50 investment banking joint venture formed in 1978 between the First Boston Corporation and Credit Suisse. . Before joining Apollo, Pentikis was an executive in the real estate group at Nomura Securities, where he was responsible for structuring and underwriting debt financing. |
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