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- Jay DeWaltoff Joins DWS as Head of U.S. Real Estate Debt
Jay DeWaltoff Joins DWS as Head of U.S. Real Estate Debt
Key Highlights:
Jay DeWaltoff appointed as Head of U.S. Real Estate Debt at DWS.
Tasked with accelerating U.S. real estate credit growth and global private credit expansion.
Brings over 20 years of experience, previously leading J.P. Morgan's Commercial Mortgage Loan Group.
Will be based in New York City, reporting directly to Todd Henderson.
Source (Business Wire)
Notable Quotes:
"I’m pleased to be joining DWS during such a pivotal time for the real estate market. DWS’ brand in the real estate ecosystem, combined with its equity track record, and deep institutional relationships, provides a strong jumping-off point for me and the team to help drive the business forward."
"We are delighted to welcome Jay to the team as we deepen our commitment to our clients in the Alternatives sector and look to take advantage of improving fundamentals in the real estate sector to generate above-average returns across the risk spectrum in the asset class."
Our Take:
The addition of Jay DeWaltoff to DWS as the Head of U.S. Real Estate Debt represents a strategic move to bolster the firm's presence in the growing real estate credit market. With over two decades of experience and a successful track record at J.P. Morgan, DeWaltoff is well-positioned to drive growth and enhance DWS’s competitive edge in the sector. His appointment, along with the recruitment of his former colleagues, signals DWS's commitment to expanding its Alternatives platform, leveraging favorable market conditions to deliver value to its clients.