Three Pillars Capital Group appoints new president, CEO

Three Pillars Capital Group, a vertically integrated private equity firm specializing in class B and C multifamily, has appointed co-founder and managing principal Gautam Goyal as president and CEO. Three Pillars co-founder Josh Welch, who had previously served as CEO, will transition from the role to serve as COO.

As CEO, Goyal will oversee high-level investment strategy and operations for Three Pillars and its portfolio of about 3,000 units, as well as the firm’s property-management arm, Greenline Apartment Management. The firm has completed more than $500 million in transactions since its founding in 2017, spanning both the Texas and Oklahoma markets.

In his new role as COO, Welch will focus on investor relations and capital raising to further drive Three Pillars’ growth. Welch has previously held multiple positions managing institutional portfolios across the United States, including CEO of Wolverine Realty and Senior Portfolio Manager and Lead Quantitative Dev