TPG Hires Ladder Cofounder for RE Debt Platform
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TPG recently expanded its offices in Midtown Manhattan.
NEW YORK CITY—TPG Capital has hired Greta Guggenheim, a cofounder and former CIO at Ladder Capital, as CEO of TPG Real Estate Finance Trust, the firm’s debt origination and acquisition platform, a spokesman for TPG has confirmed. Guggenheim is scheduled to assume her new position in January, and will be based in New York City.
A Ladder Capital spokesman did not respond to GlobeSt.com’s requests for comment by deadline Thursday afternoon. However, Thomas Harney, head of merchant banking and capital markets at Ladder, told Bloomberg Business Thursday that “We’ll certainly miss [Guggenheim], but we have a particularly deep bench of senior management in commercial real estate and we look forward to continued success.” Guggenheim’s name is no longer listed on the Ladder website…