The Toronto-based real estate investment and asset management firm has just announced a new addition to its executive team
Starlight Investments Ltd. ("Starlight") has announced the appointment of Raj Mehta as Global Head of Private Capital & Partnerships.
Holding an International Master of Business Administration from the Schulich School of Business at York University, Mehta has been part of Goldman Sachs International in London, England for the past 12 years. His most recent role was to lead the firm's investment banking work with sovereign wealth and pension fund clients; prior to that, he co-led the private equity group within the company’s European Capital Markets platform. Before joining Goldman Sachs, he held senior leadership positions at 724 Solutions Inc. and Deloitte Consulting.
Mehta has earned recognition as a leader in capital markets, mergers & acquisitions, and private equity transactions involving global institutional investors. His background and experience is expected to help grow assets under management and expand Starlight's asset management platform, helping the company grow across North America in the multi-family and commercial real estate sectors.
"We are extremely pleased to be adding such a high caliber, experienced individual to the Starlight executive team in order to continue to execute on our business plan and accelerate the growth of our asset management platform through global institutional co-investments," stated Daniel Drimmer, the president and CEO at Starlight.
As a privately held, full service, real estate investment and asset management company, Starlight Investments Ltd. manages $6 billion of multi-residential and commercial properties across Canada and the United States. The company does this for several different entities, including Northview Apartment REIT, True North Commercial REIT, and Starlight U.S. Multi Family Core Funds.
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Holding an International Master of Business Administration from the Schulich School of Business at York University, Mehta has been part of Goldman Sachs International in London, England for the past 12 years. His most recent role was to lead the firm's investment banking work with sovereign wealth and pension fund clients; prior to that, he co-led the private equity group within the company’s European Capital Markets platform. Before joining Goldman Sachs, he held senior leadership positions at 724 Solutions Inc. and Deloitte Consulting.
Mehta has earned recognition as a leader in capital markets, mergers & acquisitions, and private equity transactions involving global institutional investors. His background and experience is expected to help grow assets under management and expand Starlight's asset management platform, helping the company grow across North America in the multi-family and commercial real estate sectors.
"We are extremely pleased to be adding such a high caliber, experienced individual to the Starlight executive team in order to continue to execute on our business plan and accelerate the growth of our asset management platform through global institutional co-investments," stated Daniel Drimmer, the president and CEO at Starlight.
As a privately held, full service, real estate investment and asset management company, Starlight Investments Ltd. manages $6 billion of multi-residential and commercial properties across Canada and the United States. The company does this for several different entities, including Northview Apartment REIT, True North Commercial REIT, and Starlight U.S. Multi Family Core Funds.
Related stories:
Canadian REITs adopt investor protections
