Hines has appointed Paul Ferraro as head of its global private wealth-solutions strategy.
In his new capacity, Ferraro will play a vital role as a senior member of the Hines leadership team, contributing to product strategy, driving global distribution, and nurturing strong relationships within the private wealth-management sector.
Ferraro was previously the global head of private wealth at Carlyle and has been an integral part of the business since 2011. During his tenure, Carlyle expanded its global private wealth capital to more than $50 billion, accounting for approximately 13 percent of the firm’s assets under management. He also played a pivotal role in growing the company’s distribution reach across the Americas, Europe and Asia.
“We believe that as allocations to the private-wealth space are expected to enter the trillions and investors achieve easier access to these products, Hines is well positioned due to our brand and track record,” said Davi
