W. P. Carey Names Gino Sabatini Head of Investments
W. P. Carey Inc. (NYSE: WPC), a publicly traded global net lease real estate investment trust, has promoted Gino Sabatini to head of investments, where he will oversee the sourcing, negotiating and structuring of W. P. Carey’s investments in the U.S. and Europe. He will report to W. P. Carey’s president, Jason Fox, who will directly oversee both the company’s investment and asset management activities.
“Over the past five years Gino has been responsible for more than $6 billion in acquisitions for W. P. Carey and our managed funds. He has also been a mentor and leader to the other members of our investment team,” said Fox. “As a result, he has not only helped grow the company, but helped develop a team of investment professionals that form the backbone of our established and well-recognized acquisitions group.”
Previously, Sabatini served as co-head of global investments from 2011 to 2015 and head of U.S. net lease investments from 2015 to 2016, having joined W. P. Carey in 2000. He is a graduate of the University of Pennsylvania and holds bachelors’ degrees in mechanical engineering and economics. Sabatini earned his M.B.A. from Harvard Business School.
W. P. Carey had an enterprise value of approximately $11 billion, as of September 30, 2016. In addition to its owned portfolio of diversified real estate, the firm manages a series of non-traded publicly registered investment programs with assets under management of approximately $12.2 billion.
