Blackstone managing director to oversee Greenbacker’s sustainable real estate investments
Greenbacker Capital Management (GCM), a renewable-energy asset manager, has hired David Zackowitz as its new head of real estate investments.
Zackowitz will lead GCM’s fourth sustainability-driven investment strategy, focused on acquiring commercial and residential property where the company can reduce greenhouse gas (GHG) emissions and energy use intensity as well as add additional sources of renewable power.
As head of real estate investments, Zackowitz will oversee deal origination and deploy capital to improve energy efficiency and support the expansion of electric vehicle fleet charging and rooftop solar across the real estate assets acquired. Zackowitz brings 22 years of experience in principal investments, asset management and portfolio company oversight across the real estate asset class, including acquiring and implementing value-add strategies for $25 billion of commercial properties throughout his career. Prior to GCM, he was a managing director at Blac