Pennybacker Capital Management, a real assets investment manager based in Austin, has appointed Carey Doyle as managing director, capital formation.
With approximately $4 billion in assets under management, Pennybacker pursues real estate and infrastructure strategies through closed-end and open-end vehicles across the capital structure. In this new role, Doyle will spearhead capital formation efforts across the east region of the United States and Canada and will be based in the firm’s New York office.
Before joining Pennybacker, Doyle served as a director at Lazard, leading capital formation efforts in the central U.S. region across multiple real asset strategies. She brings more than 15 years of experience to Pennybacker, specializing in U.S. private equity real estate and real assets capital formation.
Doyle previously held various senior roles at Park Madison Partners, Macquarie and Cushman & Wakefield.
“We are dedicated to expanding and enha