Jennifer Wenzel

Biografía: JENNIFER WENZEL 1211 S. 6th Street (512) 917-4418 Austin, TX 78704 [email protected] EXPERIENCE TEACHER RETIREMENT SYSTEM OF TEXAS – Austin, TX February 2009 – Present $105B Public Pension Fund Investment Manager October 2011 – Present Senior Associate October 2010 – September 2011 Associate /Senior Analyst February 2009 – September 2010 • Assist in sourcing, due diligence, and portfolio management of the external private portfolio of investments in real estate and private equity. • Recommend potential investment opportunities and general partner selection and assist with negotiating and monitoring limited partnership agreements and related documents. • Analyze and underwrite potential co-investment deals alongside current TRS general partners to build out the principal investments platform for the Real Assets team. CHEROKEE INVESTMENT PARTNERS – Raleigh, NC & Austin, TX June 2007 – October 2008 $1.2B Real Estate Private Equity Fund specializing in brownfield redevelopment. www.cherokeefund.com Senior Analyst Analyzed potential acquisitions, including due diligence, site inspection and financial modeling. Assisted in identifying risk and underwriting mixed-use and residential lot development transactions. • Created investment memos for 2 transactions valued at more than $40M in equity. • Coordinated with development partners to execute and manage the strategic plan for 3 assets including a former power plant and sugar refinery. • Assisted in a Request for Proposal submission on a General Motors manufacturing plant. • Evaluated feasibility of a Transit-Oriented Development site, including the potential use of New Market Tax Credits. CROW HOLDINGS – Dallas, TX July 2004 – May 2007 $850M Real Estate Private Equity Fund. Head Analyst and Associate October 2006 – May 2007 Managed a group of 8 financial analysts, including recruiting and training 4 new analysts. Responsible for ensuring accuracy of financial models for each potential acquisition in order to place equity for $850M fund. • Finalized closing models for $2.3B fund transaction with GE Real Estate in January 2007. Financial Analyst July 2004 – September 2006 Gained a working knowledge of all property types including retail, office, industrial, multi-family, land and hotels. • Performed underwriting for over 70 acquisition opportunities ranging from $20M to $100M. • Created ARGUS & Excel financial models to evaluate IRR, equity multiples and fund proceeds based on multiple-tiered waterfalls and promote structures. GUARANTY BANK – Dallas, TX; Real Estate Intern, Residential Construction Lending Division Summer 2003 HERRONWILLIAMS, LLC – Austin, TX; Assistant for Office Tenant Representative Broker 2002 – 2004 BARSHOP & OLES COMPANY - Austin, TX; Intern for Retail Developer 2001 –2002 EDUCATION THE UNIVERSITY OF TEXAS AT AUSTIN, Austin, TX May 2004 B.B.A., Finance; Concentration: Real Estate; GPA: 3.36 AFFILIATIONS & HONORS Girls on the Run of Austin (www.gotraustin.org), Board Treasurer 2011-2012 Urban Land Institute - Austin Young Leaders Group, YLG Chair 2010 Hill Country Conservancy EPIC Group, Leadership Council 2010 Leadership Austin Emerge Program, Graduate 2008 U.S. Green Building Council, LEED Accredited Professional; Texas Real Estate Salesperson License, since 2003