GoldenTree Asset Management LP announced the hiring of Sam Friedland as principal and head of real estate credit origination, a newly created role.
Friedland will be based in the firm’s New York City office and will report to Lee Kruter, partner and head of performing credit. He was previously a managing director at Related Fund Management, and earlier in his career he was chief investment officer for US real estate at Eastbridge Group and senior associate – investment management at Colonial Capital Inc.
“GoldenTree has found attractive investment opportunities in real estate credit for two decades,” said Steve Tananbaum, GoldenTree’s founder, managing partner and chief investment officer. “We have a strong track record of working collaboratively with real estate companies and developers to help them achieve their objectives while creating attractive investments for our funds. The opportunity set in real estate credit has expanded recently and we are confident that Sam’s significant experience will allow us to accelerate our sourcing and structuring opportunities while offering compelling risk-adjusted returns for our investors.”
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