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The University of Notre Dame has appointed Michael C. O’Malley as executive director of its Fitzgerald Institute for Real Estate (FIRE).

A 1996 alumnus, O’Malley joins FIRE from Pennybacker Capital, a real estate private equity firm in Austin where he served as a partner. Earlier in his career, he was governing director at Clais Mhor Capital and chief operating officer and chief financial officer at VisionWeb.

In addition to serving as FIRE’s executive director, O’Malley will continue to teach real estate private equity and real estate investment courses at Notre Dame as a professor of the practice. He previously taught for three years as an assistant adjunct professor and served as an active member of FIRE’s advisory board.

“It’s an honor to come back to Notre Dame and join an amazing institute in FIRE,” said O’Malley.