Croatan Investments, a sponsor of Delaware statutory trust offerings and other private placements, announced the recent addition of Andrew Krouch as vice president of portfolio management.
Croatan says that Krouch will focus on the execution of asset-level business plans and maximizing asset-level performance through the utilization of Croatan’s proprietary analytical models. The company says his responsibilities will also include portfolio-level analytics for Croatan’s various investment vehicles.
“Andrew’s deep experience in driving value through both asset and fund-level analytics is an invaluable addition to the Croatan team,” said Paul Van, chief executive officer. “I believe his institutional background will continue to elevate both Croatan’s internal and external reporting, thus supporting us to continue driving value and providing our investors with the execution and performance they have come to expect from us.”
Prior to Croatan, Krouch served as vice president of portfolio management at BentallGreenOak, where he oversaw the acquisition, development and management of various real estate investment separate accounts. He had a “key role” in creating and managing a new industrial development fund by sourcing, underwriting and supporting fundraising efforts around investments with a total development cost of $1.7 billion. Earlier in his career, he served as a financial analyst at Fannie Mae, where he valued securities and debt instruments.
Krouch received his bachelor’s degree in economics from the University of Virginia.
Croatan Investments is a private equity real estate manager focused on multifamily investments. Founded in 2004 and headquartered in Virginia Beach, the firm has team members operating in Austin, Dallas, Atlanta, New York City, Washington D.C., and Singapore. Its portfolio currently consists of multifamily assets across the Mid-Atlantic and Sun Belt regions.