Makan Capital Group appoints Bracken White as Chief Investment Officer

"Mr. White's distinguished global real estate, private equity and investment banking experience combined with his comprehensive mergers and acquisitions experience make this appointment instrumental to accelerating the company's growth," affirmed Steve Koinis, Chief Executive Officer and Managing Director, Makan Capital Group.

White has served in several leadership positions in capital market functions and has assessed and developed more than $3bn of real estate transactions. Prior to MCG, White was Managing Director of Capital Markets at Molinaro Koger where he raised equity for hotel portfolios and development programs.

Preceding tenure included Principal at Presidio Merchant Partners; investment banking and equity research at Banc of America Securities; and, Principal and Founder of The Juniper Group, a real estate advisory firm at which he advised and raised capital for $800m of projects.

Prior to banking, White was a Research Analyst in Banc of America's nationally recognized real estate and hospitality research team. He holds a Master's in Business Administration from Yale University with distinctions in Real Estate Finance and Financial Accounting

His knowledge and experience in the Middle East and Saudi Arabia are comprehensive. White grew up in Saudi Arabia, where his father and grandfather worked in the oil industry. Professional engagements have included extensive work with Saudi Arabia's Supreme Commission for Tourism (SCT) during which he developed vehicles to finance tourism and leisure venues in the Kingdom.

"Mr. White has been at the forefront of investment banking with emphasis on global real estate for a significant time. He has played a key role in identifying opportunities and determining ideal development and acquisition strategies. His competencies will enhance the firm's ability to seize opportunities and produce exceptional returns," added Koinis.