Macquarie Asset Management has named John Cobb to lead its new investment firm, which will focus on high-quality senior housing in the US.
The asset manager has appointed Cobb as CEO of the newly launched Health Wave Partners.
Most recently, Cobb served as executive managing director at Blueprint. Prior to that, he was CIO at Ventas for over 12 years, from November 2010 to February 2023. His career also includes a tenure as CEO of Senior Lifestyle Corporation and over a decade as senior MD at GE Capital between 1997 and 2008.
Cobb will lead a management team including Philip Kayden as chief investment officer, Elliot Pessis as chief operating officer, Sean O’Malley as managing director of finance and Holden Torrens as director of investments.
Eric Wurtzebach, head of real estate for Macquarie Asset Management, said: “We have extensive experience in targeting sectors bolstered by structural tailwinds and selecting the optimal team within those sectors to partner with.
“We believe Health Wave Partners is uniquely positioned to access pipeline and mitigate execution risks.”
Cobb said: “Health Wave Partners will focus on investing in what it views as high-quality properties and partner with experienced operators in regions with strong demographic and economic fundamentals.
“We believe our team’s expertise and strategic partnership with Macquarie Asset Management positions us for success and are excited to pursue what we believe is a strong opportunity in the market.”
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