Slate Asset Management has hired former Goldman Sachs executive Neil Kaufman as chief administrative officer. He will be based in its New York City office.
The Toronto-based real estate investment firm said Kaufman, who will oversee global human resources, organizational development and administrative systems, reports directly to co-founding partners Blair Welch and Brady Welch.
Kaufman, a licensed attorney in the state of New York, will also oversee talent and acquisition initiatives, governance, business planning and staffing as Slate aims to bolster its global operations, the company said.
“He is an accomplished leader who brings over 25 years of institutional-caliber experience in human capital management, administrative systems oversight, and risk management to our senior leadership team,” Blair Welch, co-founder of Slate Asset Management, said in a statement announcing the hire.
The senior executive appointment comes as Slate has sought to exit the office sector. It recently ended its management agreement with Slate Office REIT, which has since been renamed Ravelin Properties REIT.
In January, Slate Asset bought The Bridges NYC Apartment building in New York City's East Harlem neighborhood.
Prior to the appointment, Kaufman spent 15 years in a senior role at Goldman Sachs, where he assisted managers on the Prime Services Hedge Fund Consulting team. He also previously served in a senior post at Soros Fund Management and is a graduate of The George Washington University School of Law.
Slate has $11 billion, or just under 8 million U.S. dollars, in assets under management, and 120 employees located across 10 offices worldwide. Earlier this year Slate made a deal for a 45-property retail portfolio in Europe.