Resilience Capital Partners, a Cleveland, Ohio-based private equity firm, has announced the appointment of Stanley Shashoua to head the firm’s real estate fund.
Resilience Capital Partners, a Cleveland, Ohio-based private equity firm, has announced the appointment of Stanley Shashoua to head the firm’s real estate fund.
Shashoua and his New-York-based team will manage the real estate fund separately from the firm’s other corporate recovery private equity funds based in Cleveland.
Shashoua has extensive experience in real estate and finance. Prior to joining Resilience, he was a partner with HRO Asset Management where he acquired and managed over USD1bn of properties comprising over three million square feet on behalf of institutional clients.
Shashoua’s also worked at Dresdner Kleinwort Wasserstein where he was responsible for USD20bn of transactions in private equity, mergers and acquisitions, public/private equity, and debt financings and restructurings across a broad range of industries including real estate, media, business and consumer services, industrial, food, and retail.
At Resilience, he will focus on identifying real estate opportunities that generate superior risk-adjusted returns while ensuring capital preservation. Resilience will consider a variety of property types including institutional quality office, retail, residential, hotel and industrial; traditional or distressed assets; and, raw or entitled land.
"I’m thrilled to be part of the Resilience team. I’m eager to put my deep and broad experience in real estate and finance to work at Resilience – a firm that is nimble, well-connected and passionate about the power of team work," says Shashoua.
