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Pennybacker adds real estate MD

Real assets investment manager Pennybacker Capital Management has appointed Jamie Pacala as Managing Director, Real Estate Investments. In his new role based in New York, Pacala will lead investments across the northeast and southeast regions of the US. 

Pacala was most recently a managing director at Rockwood Capital, where he focused on acquisitions and asset management across property sectors. According to a press statement, Pacala led the expansion into several new investment markets across the US southeast and Texas. 

He previously worked for Bank of America Merrill Lynch as part of the real estate investment banking team, where he focused on mergers, acquisitions and capital markets advisory. 

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