Bethe Joins Kennedy Wilson as Senior Managing Director.BEVERLY HILLS Beverly Hills, city (1990 pop. 31,971), Los Angeles co., S Calif., completely surrounded by the city of Los Angeles; inc. 1914. The largely residential city is home to many motion-picture and television personalities. , Calif. -- Donald J. Herrema, Executive Vice Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of the recently formed division Kennedy Wilson Capital Markets, announced today that the company has hired Donald M. Bethe to serve as Senior Managing Director of the division. Bethe will be based in the company's main office in Beverly Hills, California. "I feel fortunate to have Don join our team," said Herrema who is based in the company's 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 office. "I have known Don Bethe for more than 11 years and have been impressed im·press 1 tr.v. im·pressed, im·press·ing, im·press·es 1. To affect strongly, often favorably: with his integrity, professionalism professionalism the upholding by individuals of the principles, laws, ethics and conventions of their profession. , and track record of raising investment capital. Seeking to exploit the historic opportunities in the real estate markets, Kennedy Wilson is thrilled thrill v. thrilled, thrill·ing, thrills v.tr. 1. To cause to feel a sudden intense sensation; excite greatly. 2. To give great pleasure to; delight. See Synonyms at enrapture. that Don has joined the firm and will utilize his expertise to assist our company in raising private and institutional co-investment capital," continued Herrema. Bethe has a 21 year professional career in institutional fund raising. Most recently, he was a Senior Managing Director at Guggenheim Partners. Bethe joined as the sole fundraiser of Guggenheim Partners Asset Management raising multiple billions from investors establishing GPAM as a noteworthy money manager in the institutional marketplace. Prior to Guggenheim, Bethe was an Executive Director at UBS UBS Union Bank of Switzerland UBS United Bible Societies UBS United Blood Services UBS United Buying Service UBS Used Bookstore UBS University Business Services UBS Universal Building Society (UK) UBS Ulaanbaatar Broadcasting System Investment Bank and a Vice President at Donaldson, Lufkin and Jenrette. Bethe said he was excited to be joining the Kennedy Wilson team. "The company has a strong investment track record, experienced and stable senior management team, attractive and consistent investment strategy, effective deal sourcing, and a demonstrated ability to add value to its portfolio of real estate holdings. Coupled with the current real estate cycle, this is a compelling time for Kennedy Wilson." Founded in 1977, Kennedy Wilson is an international real estate services and investment/advisory firm headquartered in Beverly Hills, CA. It operates 21 offices in the U.S. and Japan. Kennedy Wilson seeks opportunities in partnership with clients in pursuit of above-market investor returns and increased real estate values. |
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