Paul DeSimone

Private Equity Investor chez

Equity Resource Investments LLC

Finance

Consumer Services

Profil

Mr. Paul DeSimone is Executive Vice President at Equity Resource Investments LLC.
He assumed responsibility as product manager for an affiliate of New England Investment Companies, working with Copley Real Estate Advisors to raise equity capital for private partnerships and registered securities, including REITs.
His responsibilities enlarged to encompass strategic projects involving expansion of NEIC asset management subsidiaries, including its mutual fund divisions and securities broker/dealer.
Mr. DeSimone later joined the Assurance & Financial Services division of Skandia Life, as COO & CFO of their U.S.
division.
There he had a visible role facilitating creation of four product lines, building a multi-manager investment platform and a legendary distribution business, which grew AUM from $1 B to $12 B in 4 years.
He was recruited to MassMutual Financial Group as head of a $13 billion asset management division.
Most recently, he was an officer of Prudential Financial, overseeing strategy, analytics, channel and account management functions, and private label product development, in addition to making contributions to significant M&A transactions for the firm.
Mr. DeSimone received a BA from Tufts University, and an MBA – Finance from Boston University.
He is a registered General Securities Principal with FINRA and an active member in numerous industry committees and trade associations.

Postes actifs de Paul DeSimone

Sociétés	Poste	Début
Equity Resource Investments LLC Equity Resource Investments LLC Investment ManagersFinance Equity Resource Investments (ERI) focuses exclusively on equity and debt investments in real estate located in the US and Canada. The firm specializes in assembling capital and sourcing, underwriting and structuring off-market real estate transactions. ERI is a value investor that seeks to identify real estate investments that can be purchased at substantial discounts to the valuations of the underlying assets. Their objective is to exploit structural, cyclical and situational dislocations that create the opportunity for pricing advantage. ERI pursues a variety of investment strategies and considers investments in any property type including office, retail, industrial, multi-family, senior housing and hotels. The firm typically does not require management control or near term liquidity. They believe in rational capital structures that employ the prudent use of financial leverage and create proper alignment of management incentives with their interests as investors. To reduce downside risk, all of ERI's investment vehicles are broadly-diversified across multiple assets, geographies and manager. The firm's investments focus exclusively on the identification, evaluation and execution of opportunistic real estate transactions involving privately-held interests and special situation investments that can be purchased at a discount to underlying asset value. ERI usually serves as a capital partner with a limited role in managing the real estate in which they invest. The firm participates primarily in: (1) secondary acquisitions of limited partnership interests (2) merger transactions (3) partner buyouts/exit funding (4) entity recapitalizations including preferred equity and/or participating debt (5) distressed debt/loan-to-own (6) joint venture equity and (7) sponsorship of equity funding. The firm targets transactions that are expected to deliver an IRR in excess of 20% on realistic underwriting assumptions. ERI targets transactions anticipated to meet this objective while providing holding period distributions equal to a minimum 2 x multiple of invested equity. The firm considers a broad range of transaction sizes and will consider smaller investment amounts, less than $1 million, if the return profile is attractive.	Private Equity Investor	-

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Anciens postes connus de Paul DeSimone

Sociétés	Poste	Fin
PRUDENTIAL FINANCIAL, INC.	Corporate Officer/Principal	-
Massachusetts Mutual Life Insurance Co. Massachusetts Mutual Life Insurance Co. Life/Health InsuranceFinance Provides life insurance and financial & retirement planning services	Corporate Officer/Principal	-

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Sociétés liées

Entreprise privées	5
Massachusetts Mutual Life Insurance Co. Massachusetts Mutual Life Insurance Co. Life/Health InsuranceFinance Provides life insurance and financial & retirement planning services	Finance
Prudential Financial, Inc. Prudential Financial, Inc. Life/Health InsuranceFinance Functions as a holding company whose subsidiaries provides life insurance, financial, pensions, retirement and asset management services	Finance
Boston University Boston University Other Consumer ServicesConsumer Services Functions as a College/University	Consumer Services
Tufts University Tufts University Other Consumer ServicesConsumer Services Functions as a College/University	Consumer Services
Equity Resource Investments LLC Equity Resource Investments LLC Investment ManagersFinance Equity Resource Investments (ERI) focuses exclusively on equity and debt investments in real estate located in the US and Canada. The firm specializes in assembling capital and sourcing, underwriting and structuring off-market real estate transactions. ERI is a value investor that seeks to identify real estate investments that can be purchased at substantial discounts to the valuations of the underlying assets. Their objective is to exploit structural, cyclical and situational dislocations that create the opportunity for pricing advantage. ERI pursues a variety of investment strategies and considers investments in any property type including office, retail, industrial, multi-family, senior housing and hotels. The firm typically does not require management control or near term liquidity. They believe in rational capital structures that employ the prudent use of financial leverage and create proper alignment of management incentives with their interests as investors. To reduce downside risk, all of ERI's investment vehicles are broadly-diversified across multiple assets, geographies and manager. The firm's investments focus exclusively on the identification, evaluation and execution of opportunistic real estate transactions involving privately-held interests and special situation investments that can be purchased at a discount to underlying asset value. ERI usually serves as a capital partner with a limited role in managing the real estate in which they invest. The firm participates primarily in: (1) secondary acquisitions of limited partnership interests (2) merger transactions (3) partner buyouts/exit funding (4) entity recapitalizations including preferred equity and/or participating debt (5) distressed debt/loan-to-own (6) joint venture equity and (7) sponsorship of equity funding. The firm targets transactions that are expected to deliver an IRR in excess of 20% on realistic underwriting assumptions. ERI targets transactions anticipated to meet this objective while providing holding period distributions equal to a minimum 2 x multiple of invested equity. The firm considers a broad range of transaction sizes and will consider smaller investment amounts, less than $1 million, if the return profile is attractive.	Finance