Virtua Capital Management Hires Two Industry Veterans
PHOENIX--(BUSINESS WIRE)--May 15, 2019--
Virtua Capital Management (Virtua), the capital formation arm of global private-equity real-estate investment manager Virtua Partners, today announces the hiring of Michele Drummond and Michele Kyoko Wiens. The two industry veterans will each serve as Vice President, Strategic Relationships and will assist Virtua in raising capital nationwide.
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Michele Drummond, Vice President, Strategic Relationships at Virtua Capital Management (Photo: Business Wire)
Michele Drummond comes to Virtua with 13 years of experience in the investment industry. She most recently served at SVP of National and Institutional Accounts at SC Distributors. Additionally, she held positions at Cole Capital, Walton International Group and Deutsche Bank. Michele Kyoko Wiens has over 16 years of investment industry experience and was most recently VP of National Accounts with CIM Group. Prior to that, Wiens held positions at Cole Capital, MFS and The Hartford.
“We’re thrilled to welcome two such talented account managers to our team,” says Derek Uldricks, President of Virtua Capital Management. “These two seasoned professionals have made a name for themselves in the industry and we’re excited to bring that expertise to the Virtua team. We’ve seen strong demand for our Opportunity Zone Funds, as well as our other private placement offerings. As Virtua expands, Ms. Drummond and Ms. Wiens will be crucial to our national sales strategy and overall growth trajectory.”
Virtua Capital Management, in conjunction with its affiliate Virtua Partners, has been a pioneer in the Opportunity Zone program. Virtua operates nationwide and specializes in real estate development, management and investment. The firm holds significant investments in commercial real estate, primarily hospitality and office, as well as residential properties throughout the country. Virtua Partners has targeted a series of investments totaling over $500 million, some of which will be deployed through hospitality investments and Opportunity Zones, as well as acquisitions and new development.
About Virtua Capital Management:
Virtua Capital Management, LLC oversees the capital formation functions and investor processing and securities compliance for the investment funds sponsored by Virtua Partners. Virtua Capital Management also oversees fund structuring, fund accounting, fund administration, offering materials generation, marketing collateral, fund marketing, issuer sales for the investment funds, and building and maintaining investor relations domestically and abroad.
About Virtua Partners:
Virtua Partners is a global private-equity firm specializing in commercial real estate. The firm and its affiliates sponsor a variety of investment funds and commercial real estate projects across the United States and currently have 16 million square feet of assets under management or development.
Virtua Partners’ goal is to provide superior risk-adjusted returns for high-net-worth individuals and family offices through comprehensive strategies, rigorous underwriting, and careful execution.
The contents of this communication: (i) do not constitute an offer of securities or a solicitation of an offer to buy securities, (ii) offers can be made only by the confidential Private Placement Memorandum (the “PPM”) which is available upon request, (iii) do not and cannot replace the PPM and is qualified in its entirety by the PPM, and (iv) may not be relied upon in making an investment decision related to any investment offering by the issuing company, or any affiliate, or partner thereof (“Virtua”). All potential investors must read the PPM and no person may invest without acknowledging receipt and complete review of the PPM. There is no assurance that investment objectives of any program will be attained. Consult the PPM for investment conditions, risk factors, minimum requirements, fees and expenses and other pertinent information with respect to any investment. These investment opportunities have not been registered under the Securities Act of 1933 and are being offered pursuant to an exemption therefrom and from applicable state securities laws. Past performance are no guarantee of future results. All information is subject to change. You should always consult a tax professional prior to investing. Investment offerings and investment decisions may only be made on the basis of a confidential private placement memorandum issued by Virtua, or one of its partner/issuers. Virtua does not warrant the accuracy or completeness of the information contained herein.
Securities offered through Emerson Equity LLC Member: FINRA / SIPC. Emerson Equity LLC is not affiliated with Virtua or its subsidiaries.
View source version on businesswire.com:https://www.businesswire.com/news/home/20190515005962/en/
CONTACT: Gregory FCA for Virtua Capital Management
Alex Nye, 610-228-2287
KEYWORD: UNITED STATES NORTH AMERICA ARIZONA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES FINANCE CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE RESIDENTIAL BUILDING & REAL ESTATE
SOURCE: Virtua Capital Management
Copyright Business Wire 2019.
PUB: 05/15/2019 04:20 PM/DISC: 05/15/2019 04:20 PM