Pennybacker Capital has announced several new appointments.
The firm has appointed Vince Reyna, who joined the firm in 2007, as CIO.
Thomas Beier, who joined the firm in 2006, has been named portfolio manager of the value fund platform, which is comprised of Pennybacker’s four commingled, institutional funds. Beier’s responsibilities will include direct management of the funds’ portfolios.
Pam Harper has assumed the roles of chief accounting officer and chief compliance officer. Harper joined Pennybacker Capital in 2013 and has more than 20 years of experience overseeing the accounting and operations functions of real estate private equity funds.
And Jason Dean has been promoted to managing director of portfolio optimization. Dean joined Pennybacker Capital in 2014.
Pennybacker Capital, based in Austin, Texas, invests in market-rate affordable multifamily, senior and market-rate affordable age-restricted multifamily, retail, office, and indus