Vicki Schiff leaves Mosaic Real Estate Investors

0
69

[ad_1]

Vicki Schiff sold her stake in Mosaic Real Estate Investors, a company she founded in 2015 with Ethan Penner. As part of Schiff’s departure, private equity firm Lubert Adler Real Estate Funds made significant capital investments in Mosaic Real Estate Credit Funds, including the buyout of Schiff’s stake in the company.

Schiff announced her retirement at the Women of Influence event on GlobeSt.com last week. She did not talk about her future plans, but noted that she is currently studying law in order to continue to grow and study, although she has no plans to work as a lawyer. She will continue to serve on the boards of directors of public and private companies, as well as work on ESG and influencer investing. She also does philanthropic work, including improving financial literacy for students and low- and middle-income families.

At Mosaic, Schiff and Penner have created a robust lending platform focused on alternative options. In just six years, the company has exceeded $ 3 billion, while establishing itself as a leader in debt funds. This is not surprising given that Schiff had a notable career before Mosaic. In her more than three-decade career, she co-founded five successful firms, including an institutional-backed fund of over $ 400 million and an investment banking firm that has raised over $ 6 billion on behalf of real estate and private equity firms.

Last week at the GlobeSt.com Women of Influence event in Park City, Utah, Schiff spoke about how women become more conscious in their careers. “Looking back at everything I’ve done, I’ve actually learned five lessons,” she said. “The first is to appear and be present at any critical moment.” Another lesson is “just do it. Be the kind of person who gets things done. ” She also noted that it is important to discover your unique power and use that power and use it. “Take this uniqueness and let people know about it and they will remember you,” she said.

In a statement, Penner said he was proud of the company he built with Schiff and excited about the next phase of work with Lubert Adler Real Estate Funds. He will continue to serve as Managing Partner and Chief Investment Officer of the company.

[ad_2]

Source link