Adam Metz
Biography: Adam S. Metz is a Managing Director and Head of International Real Estate at the Carlyle Group. Carlyle manages approximately $158 billion of AuM of which $12.7 billion is real estate through ten real estate funds and related investment vehicles that invest in a range of real estate assets in Asia, Australia, Europe and the United States. Recent investments include logistics and data centers in China as well as residential in Berlin and a co-working shared office platform in London. Carlyle invests in both opportunistic real estate as well as core plus through both funds and separate accounts. Mr. Metz is also a member of the Management Committee of The Carlyle Group. Most recently, Mr. Metz was a Senior Advisor to TPG Capital’s Real Estate Group, an opportunistic investor in real estate platforms. The Group invested over $2 billion of equity capital during Mr. Metz’s tenure. In 2008 at a time of extreme financial distress, Mr. Metz became Chief Executive Officer of General Growth Properties (“GGP”), which at that time, employed 3,100 people and had an ownership interest in 73 million square feet of retail and office. Mr. Metz went on to lead GGP through the largest Chapter 11 bankruptcy and restructuring in REIT history. From 10/27/2008 to 12/22/2010, after the Company emerged from bankruptcy, the total return (includes stock price appreciation and dividend reinvestment) was 906% relative to 85% for the MSC US REIT RMS Total Return Index. Before joining GGP, Mr. Metz was co-founding partner of Polaris Capital LLC, which was formed in 2002 and was in the business of owning retail real estate assets throughout the United States. Polaris partnered with the Blackstone Group in the shopping center assets it owned. During this time, Mr. Metz led three transactions which collectively returned a 3.0x multiple-of-money and an 82% gross internal rate of return. From November 2000 through May 2002, Mr. Metz was Executive Vice President and Chief Investment Officer of Roda
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