US private equity firm Madison International Realty has appointed Michael Chen as managing director overseeing its global equity capital markets activities.
US private equity firm Madison International Realty has appointed Michael Chen as managing director overseeing its global equity capital markets activities.
Chen joins Madison from Paramount Group, Inc., an $11 bn (€8 bn) office owner/operator, where he was vice president and co-head of capital markets.
He was jointly responsible for the creation of Paramount’s capital markets group, which is now an international fundraising platform.
Previously, he served as executive director for the real estate and lodging investment banking group of JP Morgan in New York and London, where he focused on private equity fundraisings and led transaction teams for M&A, equity and debt transactions.
Chen has also held financial positions with Crestline Capital Corporation and Marriott International. He is a member of the Pension Real Estate Association (PREA) and the Association of Foreign Investors in Real Estate (AFIRE), and serves on the due diligence committee of INREV.
Madison, which specialises in acquiring partial ownership and joint venture interests in prime properties and portfolios in the US, UK and Western Europe, recently announced the final closing of its latest fund, Madison International Real Estate Liquidity Fund V with $825 mln of equity commitments.
