CapitalBrain Network

Tishman Speyer

Year Founded	1978
Portfolio Value	~$ 66billion AUM

Real Estate Specialization

Mixed-use

Investment Type

JV partnership

Acquisition/Fee Simple

Investment Style

Value-add

Opportunistic

Development

Typical Deal Size

> $50,000,000

Russell Makowsky

Mr. Makowsky is responsible for Tishman Speyer’s worldwide accounting, tax and information technology functions. Prior to joining Tishman Speyer, he was with Goldman Sachs for 20 years in the New York, Hong Kong and London offices, most recently as a managing director and co-head of the global tax department. Previously, he was an attorney at Cleary Gottlieb Steen & Hamilton in New York. Mr. Makowsky is the chair of the Board of Trustees of the Educational Alliance, where he has been on the board since 2006, having previously served as Treasurer from 2008 to 2010 and as chair of the Leadership Council of the 14th Street Y from 2007 to 2008. He is also on the System Board of Jewish Home Lifecare, where he chairs the Board of the Community Services Division. Mr. Makowsky graduated cum laude from the University of Pennsylvania in 1978 and from the University of Michigan Law School in 1981.

Managing Director Global Head of Tax

Victor Cuciniello

Mr. Cuciniello oversees Tishman Speyer’s global tax function, working on the firm’s real estate acquisitions and dispositions, as well as structuring its domestic and international real estate funds. He has over 16 years of experience in the real estate industry, spending more than 10 of those years at Tishman Speyer. Prior to joining Tishman Speyer in 1996, Mr. Cuciniello worked for Arthur Andersen & Co. in its real estate tax practice. Mr. Cuciniello graduated with a BA and an MBA from the University of Notre Dame.

President and Co-CEO

Robert Speyer

Mr. Speyer was named Co-Chief Executive Officer of Tishman Speyer in 2008 and continues to serve as President. Mr. Speyer serves as chairman of the Real Estate Board of New York (REBNY), New York City's premier industry association with more than 13,000 members. In 2006, he was appointed by New York City Mayor Michael R. Bloomberg to be chair of the Mayor's Fund to Advance New York City, the city's not-for-profit corporation. Mr. Speyer is the founder and co-chair of the Committee to Save New York, a coalition of business, labor and civic groups promoting fiscal reform for New York State. He is the co-chair of the Construction Committee of the St. Patrick's Cathedral Landmark Foundation, which oversees the renovation of the country's most renowned cathedral. He is a founding member of the Partnership for a New American Economy, a national group of business and political leaders committed to immigration reform. In addition, he is a member of the Board of Visitors of Columbia College (emeritus), the Board of Directors of the Real Estate Roundtable, the International Advisory Board of the Atlantic Council, the Board of Trustees of the New York City Police Foundation, the Board of Trustees of the Citizens Budget Commission and the Board of Trustees of the Children's Aid Society. He graduated magna cum laude from Columbia College in 1992, and was elected to the Phi Beta Kappa Society.

Senior Managing Director

Katherine Farley

kfarley@tishmanspeyer.com

Ms. Farley is a Senior Managing Director at Tishman Speyer, responsible for the Brazil and China business, as well as Global Corporate Marketing. Ms. Farley is chair of the Compensation committee and a member of the Management, Investment and Compliance committees. Ms. Farley received her BA from Brown University and MFA in Architecture from the Harvard Graduate School of Design. Ms. Farley serves as Chair of Lincoln Center for the Performing Arts, after serving as Chair-Designate from 2009-2010. She has been involved at Lincoln Center since 1999, having served on the New York Philharmonic Orchestra Board from 1999 to 2005 and on the Lincoln Center Theater Board from 2002 to 2005. In 2003, Ms. Farley joined the Lincoln Center for the Performing Arts Board and Executive Committee, and, from 2006-2010, also served as the Chair of the Lincoln Center Redevelopment Project. In addition to her Lincoln Center activities, Ms. Farley is a Trustee of the Andrew W. Mellon Foundation, a member of the Latin America Conservation Council and a Board member of the Lang Lang International Music Foundation. She served on the Board of Trustees of Brown University from 2004-2010 and on the Board of the Alvin Ailey American Dance Theater from 2001-2010. Ms. Farley was vice president of the Board of Directors of the Brearley School in New York City from 1999 to 2007 and is Chair Emerita of Women In Need. She served on the board of the International Rescue Committee from 1998-2009, and currently serves on the International Rescue Committee's Board of Overseers.

Senior Managing Director

Michael Benner

mbenner@tishmanspeyer.com

Mr. Benner is responsible for supervising and coordinating Tishman Speyer’s worldwide legal activities. Mr. Benner is a member of the Management, Investment and Compliance committees. Prior to joining Tishman Speyer in January 2007, Mr. Benner was a partner at the New York law firm of Wachtell, Lipton, Rosen & Katz for 20 years. While at Wachtell Lipton, he served as outside counsel to Tishman Speyer in connection with many of its significant transactions, beginning with the acquisition of the Chrysler Building in 1997 and including the acquisition of the Carr Washington, D.C. portfolio. Mr. Benner graduated summa cum laude from Dartmouth College and cum laude from Harvard Law School.

CEO

Jerry Speyer

jspeyer@tishmanspeyer.com

Mr. Speyer is Chairman and Co-Chief Executive Officer of Tishman Speyer. He is one of the two founding partners of the company, which was formed in 1978. Mr. Speyer is chairman of the Museum of Modern Art. He is vice chair of New York Presbyterian Hospital. He is the former chairman of the Board of Directors, the Federal Reserve Bank of New York; chairman emeritus of Columbia University; chairman emeritus of the Real Estate Board of New York; chair emeritus, Partnership for New York City; and past president of the Board of Trustees of the Dalton School. Mr. Speyer’s other board affiliations include Yankee Global Enterprises, the Municipal Art Society of New York, Columbia Business School Board of Overseers, the Asia Society, the National September 11 Memorial & Museum, the National Committee on United States-China Relations, and the Kennedy Center Corporate Fund Board. Mr. Speyer is a Trustee of the Städel Museum, Frankfurt, Germany. He is a member of the Council on Foreign Relations, the Business Roundtable and the American Academy of Arts and Sciences. Mr. Speyer graduated from Columbia College and received an MBA from Columbia University Graduate School of Business.

Senior Managing Director Co-Head of Acquisitions, Dispositions, Capital Markets, Joint-Venture Transactions

Paul Galiano

pgaliano@tishmanspeyer.com

Mr. Galiano is jointly responsible for supervising and coordinating Tishman Speyer’s acquisition program throughout the United States, its global dispositions program and its equity capital and joint-venture programs. He is a member of the company’s Management and Investment committees. He was formerly the company’s Chief Financial Officer, responsible for Tishman Speyer’s worldwide financial activities. Prior to being the Chief Financial Officer, he was the company’s Treasurer and previously was responsible for Tishman Speyer’s tax strategies. Prior to joining the company in 1993, Mr. Galiano was with Arthur Andersen & Co. for seven years, where he specialized in real estate taxation. He is a member of the Urban Land Institute, serves on the Board of Directors of Marymount Manhattan College and the Better Business Bureau. He is also the chairman for the Better Business Bureau. Mr. Galiano graduated magna cum laude from Pace University with a BBA in accounting.

Senior Managing Director Europe and India; Chair of Investment Committee

Michael Spies

Mr. Spies provides Senior Managing Director oversight for business in Europe, India and Turkey. He chairs the Investment Committee and also serves on the firm's Management and Compensation committees. Mr. Spies is a trustee of the Urban Land Institute and chairs the ULI European Sustainable Development Council. In addition, Mr. Spies is a Vice Chairman of the Board of Trustees of the American School in London, a member of the Dean's Council at Harvard's Kennedy School of Government, and a member of the Cambridge University Land Economy Advisory Board. Mr. Spies graduated cum laude from Princeton University in 1979 and from Harvard's Kennedy School of Government in 1982 with a master's degree in city and regional planning.

Senior Managing Director Co-Head of U.S. Acquisitions, Dispositions, Equity Capital Markets, Joint-Venture Transactions; Super Regional Director

Steven Wechsler

Mr. Wechsler is jointly responsible for supervising and coordinating Tishman Speyer’s acquisition program throughout the United States, its dispositions program and its equity capital and joint-venture programs. In addition, he provides senior management oversight for New York. He is a member of the Management, Investment and Compensation committees. Prior to joining Tishman Speyer upon its inception in 1978, Mr. Wechsler was a vice president of Tishman Realty & Construction Co., Inc. Mr. Wechsler serves on the Advisory Board of Columbia Business School’s MBA Real Estate Program and is a trustee of the Teachers College, Columbia University. Mr. Wechsler graduated from the State University of New York at Buffalo and received an MBA from the Columbia University Graduate School of Business.

Senior Managing Director Global Portfolio Management Super Regional Director: Atlanta, Boston, Chicago and Washington, D.C.

David Augarten

Mr. Augarten directs Tishman Speyer’s global portfolio management and investor relations activities. Additionally, he oversees all company activity in Atlanta, Boston, Chicago and Washington, D.C. Mr. Augarten is a member of the Management, Investment and Compensation committees. In 1984, Mr. Augarten joined Tishman Speyer as the director of the tax group. During his tenure, he has also worked within the Acquisitions and Development areas prior to serving as Treasurer from 1993 to 1996 and Chief Financial Officer from 1996 to 2000. Before joining Tishman Speyer, Mr. Augarten was with Arthur Andersen & Co., where he specialized in their real estate tax practice. He graduated from Ohio University with a BBA and received a JD from the Boston University School of Law.

Representative

Leo Shapland

+1 415 279 5195
lshapland@tishmanspeyer.com

Property Manager

Allison Delong

+1 206 442 4334
adelong@tishmanspeyer.com

Property Manager

Joe Gordon

+1 312 669 8113
jgordon@tishmanspeyer.com

2009-12-06 16:00:00

JP Morgan Asset Management

Key Focus Areas

Acquisitions Asset Management Construction Development Financial Analysis Leasing Private Equity Real Estate Property Management Real Estate Investing Institutional Investors