Cohen Private Ventures Hires Todd Kristol to Lead New Real Estate Investment Group
NEW YORK–(COMMERCIAL THREAD) – Cohen Private Ventures (CPV), the family office of Point72 Asset Management founder and CEO Steven A. Cohen, today announced it has hired Todd B. Kristol as a partner and head of real estate. In his role, Mr. Kristol will be responsible for creating and leading a new real estate investment team for CPV.
The team will initially focus on the office, industrial, multi-family and commercial real estate sectors, but will have the opportunity to explore opportunities in other asset classes. The group will target transactions where CPV is the controlling investor, partnering with the best operators to apply their expertise and help create value.
“I am very happy to welcome Todd to the CPV team, ”said Andrew B. Cohen, Co-Founder and Chief Investment Officer of CPV. “Real estate is a natural extension of our existing portfolio and investment strategies, and Todd has the deep experience and expertise to help us capitalize on the potential of the space.
“I am delighted to join CPV and look forward to working with Andy and this talented team of investors, ”said Mr. Kristol. “There are currently huge opportunities in the real estate investment industry. We are seeing a number of promising long-term trends associated with a unique period of disruption that has been and continues to be accelerated by the pandemic. ”
Prior to joining CPV, Mr. Kristol was Head of Real Estate at Marron Capital, a family office, where he led the company’s real estate investment strategy. Previously, he founded and was Managing Partner of Kairos Group, a private real estate investment management firm targeting struggling and underperforming commercial, residential and special-purpose assets. From 2009 to 2013, Mr. Kristol was Director at Westbrook Partners, and he was also Vice President at Cerberus Real Estate Capital Management from 2002 to 2009. Mr. Kristol holds an AB and MBA from l ‘Harvard University.
About Cohen Private Ventures
Cohen Private Ventures invests long-term capital, primarily in direct private investments and other opportunistic transactions, and manages family office activities, on behalf of Steven A. Cohen and his family.