MacFarlane Partners founder Victor MacFarlane to step down as CEO, Taylor Landon to take the reins - San Francisco Business Times

  • 📰 SFBusinessTimes
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 68%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

'Obviously, there has been growth since I started this business—a lot more minorities and women are in the field. But I have to say it's still disappointing that none of them have the scale that we reached years ago,' Victor MacFarlane said.

After 35 years at the helm of San Francisco-based MacFarlane Partners — one of the first and largest Black-owned development firms in the country — founding principalMacFarlane said he will give up day-to-day operations but remain"

In his new role, Taylor will focus on scaling the firm's investment management platform — that includes launching its next series of private equity funds focused on achieving top-quartile financial performance for investors, but"also help to to achieve what I call economic parity for the companies and the communities that we invest in," Taylor said.

Taylor said he will oversee the launch of a new series of funds committed to"leveling the playing field in our industry by helping early-stage real estate companies that have women and BIPOC leadership in their C-suite by providing them with the capital, mentorship and the ecosystem that they need to scale their businesses and get to a position where they can access institutional capital on a sustainable basis.

the company has managed in excess of $20 billion in real estate assets in over 30 cities on behalf of more than 40 institutions.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 78. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wasserman Gets Investment Boost From Providence Equity PartnersProvidence buys out two existing Wasserman investors, RedBird Capital Partners and Madrone Capital Partners.
Source: billboard - 🏆 112. / 63 Read more »