AECOM Capital announces hiring of Ted Fentin to bolster company’s West Coast platform
LOS ANGELES (April 11, 2016) — AECOM Capital, the investment and development arm of AECOM, a premier fully integrated global infrastructure firm, recently announced the appointment of Ted Fentin to serve as a managing director.
Mr. Fentin will be responsible for the origination and execution of real estate projects for AECOM Capital’s West Coast platform. Since AECOM Capital’s founding in January 2013, it has invested in 14 projects across residential, commercial and mixed-uses in top-tier U.S. markets, with a development value of US$3.5 billion and over 7.5 million square feet.
“Ted’s diverse industry experience in financing, developing, executing and managing large-scale real estate projects is the perfect fit for AECOM Capital’s integrated platform,” said AECOM Capital Chief Executive John T. Livingston. “His deep connections on the West Coast have the ability to pay significant dividends; we are excited to welcome him to the team and look forward to him playing an integral role as our division continues its rapid growth.”
Mr. Fentin has more than 17 years of experience in the real estate industry, including a role as senior vice president with CBRE in the debt and structured finance group. In that position, he co-led a 10-person team and advised on more than US$1 billion of debt and equity transactions, specializing in the capitalization of ground-up development throughout the Western United States.
“Investing in projects early to help ensure that they are optimally planned, structured and capitalized and then managing relationships with the construction and design team is an exciting method of delivery that can continue to create tremendous opportunities for AECOM Capital,” said Fentin. “On projects like South Park in Downtown Los Angeles, this business model has well positioned AECOM Capital for success, and I’m excited to be a part of it.”
Prior to his time at CBRE, Mr. Fentin spent seven years with DLJ Real Estate Capital Partners, a division of Credit Suisse, where he was responsible for West Coast acquisitions. During that time he helped lead underwriting, due diligence and acquisitions, along with on-going asset management, for approximately US$350 million of equity investments, with more than US$1 billion of total asset value. His work included residential, retail and office development projects — all areas that are core to AECOM Capital’s business.
Mr. Fentin also spent time with renowned law firm Latham & Watkins in its Los Angeles office, where he practiced law in the finance and real estate department. He received his Master of Business Administration from Columbia Business School, a Juris Doctor from University of Michigan Law School and a Bachelor of Arts from the University of Pennsylvania. He is a member of the Urban Land Institute and the California Bar Association. He is on the Board of Directors of the Envision Foundation and the Board of Governors for Cedars-Sinai Hospital.
About AECOM Capital
AECOM Capital, a subsidiary of AECOM, is an investor and developer of real estate and infrastructure projects globally. With a focus on commercial development, public-private partnerships and private infrastructure projects, AECOM Capital targets high quality risk adjusted investments across North America and select international markets with offices in New York, Los Angeles and London. In conjunction with AECOM’s industry leading design, build, and operate capabilities, AECOM Capital has unique access to deal flow, due diligence, execution and project delivery capabilities resulting in substantial competitive differentiation. Since its formation in 2013, AECOM Capital has invested in 14 projects, with a total development value of $3.5 billion and over 7.5 million square feet. Learn more at aecomcapital.com.
About AECOM
AECOM is built to deliver a better world. We design, build, finance and operate infrastructure assets for governments, businesses and organizations in more than 150 countries. As a fully integrated firm, we connect knowledge and experience across our global network of experts to help clients solve their most complex challenges. From high-performance buildings and infrastructure, to resilient communities and environments, to stable and secure nations, our work is transformative, differentiated and vital. A Fortune 500 firm, AECOM had revenue of approximately $18 billion during fiscal year 2015. See how we deliver what others can only imagine at aecom.com and @AECOM.
Forward-Looking Statements: All statements in this press release other than statements of historical fact are “forward-looking statements” for purposes of federal and state securities laws, including statements relating to the expected performance of AECOM Capital as well as other future economic and industry conditions. Actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause actual results to differ materially from our forward-looking statements are also set forth in AECOM’s quarterly report on Form 10-Q for the period ended December 31, 2015, and other reports filed with the U.S. Securities and Exchange Commission. The parties do not intend and undertake no obligations to update any forward-looking statements.
ACAP 16-0401
Media Contact:
Brendan Ranson-Walsh
Vice President, Global External Communications
1.212.739.7212
Brendan.Ranson-Walsh@aecom.com
