MIAMI
BEACH, Fla., Aug. 13,
2024 /PRNewswire/ -- Starwood Capital Group
("Starwood Capital"), a global private investment firm with a
primary focus on real estate, today announced that Andrew J. Sossen will rejoin the firm in
September as a Senior Managing Director and Chief Operating
Officer. In this role, Andrew will be a member of Starwood
Capital's executive committee and oversee the day-to-day operations
of the firm, reporting to Barry
Sternlicht, Starwood Capital's Chairman and CEO.
"I am delighted to welcome Andrew back to the Starwood family in
this important role," said Barry
Sternlicht, Chairman and CEO of Starwood Capital. "Andrew is
a known executive who, after 14 years with us in a similar role in
Starwood Property Trust, now moves to fill this role in its parent,
Starwood Capital Group. Andrew can hit the ground running. He knows
our team, our culture, and our desire to excel in all our
endeavors."
Since his departure in 2023, Mr. Sossen worked for a vertically
integrated private equity firm focused on U.S.-based commercial
real estate private credit strategies.
Prior to that, Mr. Sossen spent close to 14 years at Starwood
Capital, including serving as Starwood Property Trust's (NYSE:
STWD) Chief Operating Officer since July
2011 and its General Counsel, Chief Compliance Officer and
Executive Vice President since January
2010. Prior to joining Starwood Capital, Mr. Sossen served
as the General Counsel of KKR & Co.'s asset management business
and KKR Financial Holdings LLC, a publicly traded specialty finance
company, where he was a member of senior management and involved in
the policy and strategic decision-making, as well as day-to-day
operations of the businesses. Mr. Sossen previously served as a
trustee of Starwood Waypoint Residential Trust, a publicly traded
REIT that is a predecessor company of Invitation Homes ("SWAY").
Mr. Sossen's career began at Simpson Thacher & Bartlett LLP,
where he was a member of the firm's corporate department,
specializing in capital markets and mergers and acquisitions. Mr.
Sossen received both a Juris Doctor degree and a Bachelor of Arts
degree from the University of
Pennsylvania.
About Starwood Capital Group
Starwood Capital Group is a private investment firm with a core
focus on global real estate. The Firm and its affiliates maintain
16 offices in seven countries around the world, and currently have
5,000+ employees. Since its inception in 1991, Starwood Capital
Group has raised over $80 billion of
capital, and currently has ~$115
billion of assets under management. Through a series of
comingled opportunity funds and Starwood Real Estate Income Trust,
Inc. (SREIT), a non-listed REIT, the Firm has invested in virtually
every category of real estate on a global basis, opportunistically
shifting asset classes, geographies and positions in the capital
stack as it perceives risk/reward dynamics to be evolving. Starwood
Capital also manages Starwood Property Trust (NYSE: STWD), the
largest commercial mortgage real estate investment trust in
the United States, which has
successfully deployed over $98
billion of capital since inception and manages a portfolio
of over $26 billion across debt and
equity investments. Over the past 32 years, Starwood Capital Group
and its affiliates have successfully executed an investment
strategy that involves building enterprises in both the private and
public markets. Additional information can be found at
www.starwoodcapital.com.
Media Contact
Tom Johnson / Dan Scorpio
H/Advisors Abernathy
(212) 371-5999
tom.johnson@h-advisors.global /
dan.scorpio@h-advisors.global
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SOURCE Starwood Capital Group