hines tapped Gary Evans from Morgan Stanley to help lead the company’s real estate investment efforts, Commercial Observer may report first.
Evans, who was executive director of real estate investment at Morgan Stanley, joins as managing director and will lead Hines’ portfolio transactions across the country with a particular focus on its new discretionary funds. He will coordinate with regional teams in the identification, research and execution of complex real estate portfolio transactions.
“We are very pleased to welcome Gary to the Hines investment management team,” Alphonse Munk, the chief investment officer of the Americas, said in a statement. “With his demonstrated expertise, Gary will help elevate our U.S. investment management platform and source new transactions through our new discretionary funds to capitalize on growing market portfolio opportunities as we grow. strive to be a leading investment partner globally.”
During a seven-year career at Morgan Stanley, Evans completed acquisitions and developments representing $4 billion in total market capitalization. He has worked on transactions across multiple markets and asset classes.
A University of Pennsylvania alumnus, Hines also earned an MBA from the Stanford Graduate School of Business and a Master of Arts in Economics Boston University.
“Hines has an excellent reputation in the marketplace, both for its strength in development, management and investment, and for its culture,” said Evans. “I am thrilled to join the Hines team and have the opportunity to help make investment management’s growth ambitions a reality.”
Andrew Coen can be reached at [email protected].