CaliberCos Inc., a sponsor of non-traded alternative investments and opportunity zone funds, has hired Howard Hill as senior vice president of corporate development. In this role, Hill will lead the ongoing build-out of the company’s institutional distribution infrastructure, further develop multiple sources of capital formation, advise on product development, and oversee Caliber’s merger and acquisition activities.
Hill has worked in financial services for 35 years, covering various facets of the industry, including insurance, registered investment advisors, real estate, private equity and venture capital, as well as capital formation and M&A.
“Howard brings more than three decades of industry experience and knowledge to Caliber,” said Chris Loeffler, chief executive officer. “The breadth of his insights and expertise will be of great value to the entire Caliber team as we continue to execute our strategy of expanding access to alternative investments and wealth development opportunities to more qualified investors. Howard’s deep relationships across the industry will also help us to accelerate our plans for growth and expansion.”
Most recently, Hill worked with several RIAs, including as chief growth officer at Foundations Investment Advisors and managing director of institutional business development at Claraphi Advisory, according to his LinkedIn page. Previous positions include vice president at Genworth Financial, vice president of business development at Nationwide Financial, and vice president of business development, institutional services at LPL Financial. Hill holds a bachelor’s degree from Texas Christian University.
In other company news, Caliber recently launched its second opportunity zone fund.
Caliber is a middle-market alternative asset manager and fund sponsor with approximately $2 billion in assets under management and assets under development. The company sponsors private funds and private syndications, and conducts substantially all business through CaliberCos Inc., an asset manager that provides investment formation and management, real estate development, construction management, acquisitions and sales.