Raith Capital Partners is a private investment firm based in New York City. The firm currently focuses its activities on acquiring debt instruments backed by commercial real estate focusing on two primary strategies, distressed loans and commercial mortgage backed securities (CMBS).
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Industrial |
Retail |
Hotels |
Securities |
Debt |
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Mr. Suchy joined Raith as a principal at its inception in February 2012. Mr. Suchy is a member of the firm's investment committee and oversees all aspects of Raith's acquisition activities. Mr. Suchy is also responsible for trading and valuing the firm's securities portfolio. Prior to Raith, Mr. Suchy was a Director at Rialto Capital Management, LLC, which he joined in 2010. At Rialto, Mr. Suchy focused on the underwriting and pricing of investments in non-performing commercial real estate loan portfolios and non-investment grade commercial mortgage backed securities that in aggregate exceeded $1 billion during his tenure. Mr. Suchy spearheaded Rialto's emergence as a leading buyer of non-investment grade CMBS in the aftermath of the 2008/2009 financial crisis. Prior to joining Rialto, Mr. Suchy was part of Deutsche Bank's commercial real estate group, where he focused on loan structuring and syndication as well as the restructuring and workout of loans both internally and as an advisor for clients of the bank. Mr. Suchy's transaction experience includes corporate credit facilities and institutional term loans for recapitalizations and acquisitions, construction and development loans, and senior and junior term lending across all property types. Prior to Deutsche Bank, Mr. Suchy worked in a variety of real estate and corporate finance roles at JPMorgan. He received a Bachelor of Science degree in finance from the University of Illinois and is a Chartered Financial Analyst.
Mr. Hioe co-founded Raith Capital Partners in February 2012. Raith is a real estate investment firm that manages $234 million of equity across its distressed debt and commercial mortgage backed securities (CMBS) platforms, and has invested $291 million of equity as of April 2014. Since inception, Raith has made multiple investments in non-performing loans and acquired eight CMBS B-pieces. Prior to forming Raith, Mr. Hioe was a Managing Director at Rialto Capital Management, which he joined in 2009. While at Rialto, he was involved in the firm's acquisitions effort for whole loan portfolios, distressed assets and securities. In the distressed loan space, these transactions included $3 billion of non-performing loans from the FDIC and approximately $1.5 billion in acquisitions of loans from regional banks and financial institutions that resulted in over $850 million of invested equity. Mr. Hioe was instrumental in the development of Rialto's securities investing business, which helped to establish the firm as the largest B-piece investor in the CMBS 2.0 marketplace. Mr. Hioe also helped to direct the underwriting effort for the firm in its role as co-manager of the U.S. Treasury's Public Private Investment Program. During his tenure, Rialto Real Estate Fund I closed with $700 million in committed equity. Prior to Rialto, Mr. Hioe worked at The Blackstone Group in the firm's real estate private equity fund, focusing on real estate investments in several property types. He was involved in the acquisition of Equity Office Properties and Hilton Hotels. Prior to Blackstone, Mr. Hioe worked in affordable housing finance at The Community Builders, and as a strategy consultant at Cap Gemini Ernst & Young. He received a Bachelor of Arts degree from Williams College and an MBA from Harvard Business School.
Mr. Landis co-founded Raith Capital Partners in February 2012. Prior to forming Raith, he served as the Chief Investment Officer at Rialto Capital Management from its inception in 2008. Over the last five years, Mr. Landis and his team have invested in excess of $900 million in distressed loans secured by commercial real estate. Additionally, he and his team became early investors in the re-cast CMBS market starting in 2010 and have since become a leading investor in B-piece securities, having bought controlling interests in 18 transactions. Since inception, Raith has managed committed capital totaling $238 million as of December 2013. Prior to launching Rialto, Mr. Landis was a Managing Director and member of the Group Executive Committee in the Commercial Real Estate group at Deutsche Bank (as successor firm to Bankers Trust). During the period from 1998-2008, Mr. Landis' group priced, structured and distributed in excess of $50 billion of commercial real estate credit on multiple asset classes including land, office, industrial, retail, hospitality and homebuilding. While at Bankers Trust, Mr. Landis led the firm's commercial securitization efforts and was instrumental in launching Bankers Trust Mezzanine Fund I. Prior to 1998, Mr. Landis worked in fixed income institutional sales at both Smith Barney and Prudential Securities, primarily focused on asset-backed securities including: CMBS, RMBS, credit cards, student loans and manufactured housing. Mr. Landis received a Bachelor of Arts degree from Drew University and an MBA from Columbia University. He is a member of Drew's Board and Chairs the Investment Committee overseeing the university's endowment.