Ralph Rosenberg, ex-Goldman Sachs and Eton Park partner has just been made the chief of global real-estate investing at KKR.
According to Bloomberg, Rosenberg "will pursue property investments for KKR’s equity, debt and special situations funds."
Rosenberg left Goldman in 2006 and lauched his own real etsate hedge fund, R6 Capital Management.
R6's assets were then acquired by Eton Park—the massive hedge fund founded by another former Goldman man, Eric Mindich, and Rosenberg joined too.
This is all part of KKR's plan to build up their property portfolio to diversify holdings that are very heavy on fees earned from leverage buyouts.
Rosenberg is credited with co-founding Goldman Sachs' prop trading money-machine, the Global Special Situations Group, which he ran from November 2003 to the beginning of 2006. He became a partner and managing director in 1998.
Before Special situations, he co-headed the firm's Real Estate Principal Investment Area, during which he "oversaw the investment and management of over $50 billion dollars of transactions worldwide."
He earned a B.A. from Brown and an M.B.A. from Stanford.
This post originally appeared on Business Insider
More from Business Insider
- Paul Ryan Uses This Chilling Presentation In The Push For Budget Cuts
- Here Are The Things The Raj Defense Team And The Prosecution DON'T Want The Jury To Hear
Questions? Comments? Email us atNetNet@cnbc.com
Follow NetNet on Twitter @ twitter.com/CNBCnetnet
Facebook us @ www.facebook.com/NetNetCNBC