NEW YORK, Feb. 7, 2021 /PRNewswire-PRWeb/ — Indicating its self esteem in the city’s rebirth—and underscoring its ideas to spend in the Major Apple—KPG Cash has hired a chief financial officer for the first time, and tapped veteran CFO Stephen Smith for the position. He brings much more than 30 years of finance, accounting and operational practical experience to the expanding serious estate organization.
In his new function, Smith will deal with KPG’s monetary tactic and treasury capabilities. He will report to Greg Kraut, Main Government Officer. The new use and place by the business office targeted actual estate firm—which specializes in price-add acquisitions and development—was built in order to bulk up KPG’s finance, accounting and investment management workforce.
Previously a CFO at numerous institutional non-public fairness corporations, including Iron Stage Companions and Westbrook Associates, Smith is element of a KPG initiative to bulk-up its expense administration staff. KPG expects to do many promotions in 2021 as it is completely confident that the city will bounce again strong—and soon—from the losses it suffered for the duration of the Coronavirus pandemic.
“Stephen will strengthen our govt crew, and we are lucky to convey on an individual with more than 30 many years of true estate experience and who has been a genuine leader in the institutional authentic estate group,” reported Kraut.
Smith will collaborate with quite a few leaders at the firm to implement his knowledge in institutional finance and accounting. “I was attracted to the firm’s one of a kind approach to investing in New York Metropolis genuine estate and I glimpse forward to doing the job with this kind of an extraordinary and gifted group of pros,” he commented.
Extra Rod Kritsberg, KPG’s Main Financial investment Officer, “I’m convinced that Stephen is going to make a beneficial and positive impression on our business to aid manual it via this accelerated expansion time period to additional maturity. His history is a great fit to deliver the finest-in-course institutional knowledge that our investors have been accustomed to getting. In a shorter time, he has already been a valued and dependable associate.”
Media Call
Greg Kraut, KPG Cash, +1 6466654508, [email protected]
Resource KPG Money
