Landmark hires Geoff Mullen as principal
Landmark Partners has hired Geoff Mullen, formerly a managing director at Morgan Stanley Alternative Investment Partners, as principal with the firm.
“Geoff has extensive industry knowledge and experience working with institutional investors. He has built and led capital-raising, investor relations and marketing functions for several high-quality investment organizations. The addition of Geoff demonstrates our ongoing commitment to enhance our investor relations activities,” says Tim Haviland, managing partner with Landmark, in a statement.
Mullen began his career at Bankers Trust Co. in 1984, where he worked 10 years and held the title of vice president. In 1994, he began working for at Oppenheimer Capital as senior vice president. Oppenheimer was acquired by Allianz Global Investors Capital in 1999, and Mullen remained with Allianz until 2011, before moving over to Morgan Stanley Alternative Investment Partners.
Landmark Partners’ real estate team specializes in the acquisition of real estate secondaries, a market that has been heating up recently, with estimates for 2013 activity as high as $5.1 billion, more than double the figure for 2012. The firm has raised more than $2.2 billion in value through its secondaries funds and acquired more than 197 real estate interests through secondary market transactions.
The firm is currently marketing its seventh real estate fund, Landmark Real Estate Fund VII, which launched in September 2013 with a $1 billion fundraising goal. The value-added fund, which will make secondary investments in vehicles investing globally and unconstrained by property type, has reportedly raised $560 million on its way to its target final close in September 2014. The firm’s previous real estate fund, LREF VI, had a similar strategy and raised $720 million by its final close in March 2011.