Kevin Kennedy Joins Red Oak Capital Group As Senior Partner
October 05, 2016 (PRLEAP.COM) Business NewsOctober 5, 2016 - NEW YORK, NY – Red Oak Capital Group, LLC (RED OAK) announced today that Kevin P. Kennedy has joined Red Oak as a Senior Partner. Kennedy will be responsible for capital acquisition and management for the firms' real estate development and financing division.
"There is a huge demand for private transitional financing in the commercial real estate market right now" said Chip Cummings, Senior Director with Red Oak. "Kevin has a long, proven history of working with institutional clients and investment firms that are a natural fit for our projects."
Kennedy holds more than 26 years of senior leadership experience in the Investment Management field. Most recently, Kennedy served as Managing Director and Divisional Sales Director for BlackRock (BLK) and held responsibility for the Wire House team in the central region. Prior to this role, Kennedy managed the Central Division at BlackRock covering the Merrill Lynch channel.
"My experience and relationships with investment firms combined with the increased flow of capital to the private markets, makes this an exciting opportunity." explained Kennedy, "The timing is perfect for emerging specialized capital funds like Red Oak to deliver major value and strong returns to investors looking for alternatives in the market."
Previously, Kennedy served as Vice President, Asset Management Advisor with Merril Lynch Investment Managers (BAC) covering the Midwest region. He began his career with Merrill Lynch in 1990 as a trading liaison within the private client group and continued to hold other investment management positions of increasing responsibility.
Kennedy holds a Bachelor of Science degree from Duquesne University, in Pittsburg, PA. He completed his Certified Investment Management Analyst certification (CIMA) designation from Wharton Executive Education-University of Pennsylvania in 2007.
Kennedy will be responsible for institutional investment operations both in the United States and internationally, and will be based in Red Oaks' Michigan office.
About Red Oak Capital Group
The Red Oak Capital Group is a private equity firm specializing in commercial real estate debt investments, and manages the Red Oak Capital Fund. Founded in 2015 to serve the capital finance and investment markets, the principals, directors and advisory team have vast experience in the development, management, financing and syndication of commercial real estate. Additional information may be obtained directly from Red Oak by visiting www.RedOakCapitalFund.com, or by calling (212) 457-4004.
Email Red Oak Capital Group