Newmark Group, a commercial real estate adviser and service provider to large institutional investors, global corporations and other owners and occupiers, has announced the company has hired Philip O’Bannon, a seasoned infrastructure capital markets professional with more than 20 years of experience spanning investment banking and engineering, as senior managing director to lead its infrastructure capital markets business.
In this role, O’Bannon will be responsible for expanding Newmark’s advisory and capital raising capabilities across the full infrastructure investment spectrum, with a focus on data centers, power and utilities, energy transition and other large-scale infrastructure sectors.
Infrastructure has emerged as one of the fastest-growing segments in commercial real estate and alternative investments. Global infrastructure investment needs are estimated to reach $94 trillion through 2040, according to the global infrastructure hub, driven by demand for
