Edward L. Carey Joins ING Clarion as Managing Director; Will Focus on Public Market Real Estate Opportunities

Carey brings substantial transaction experience to ING Clarion. Previously, he was with Deutsche Bank Securities in New York where he served as Managing Director – Head of U.S. Real Estate Investment Banking. From 2000-2005, Carey played a leading role in executing $65 billion worth of transactions, including the $12.5 billion merger of The Rouse Company with General Growth; the acquisition of a strategic interest in London’s Canary Wharf by Brookfield Asset Management; the $460 million block equity transaction completed by The Rouse Company; the $1.2 billion joint venture between Maguire Properties and an Australian LPT; and Trizec’s $1.6 billion joint acquisition of Arden Realty.

Before joining Deutsche, Carey held senior positions with CIBC World Markets and Salomon Brothers Inc. He began his career with Eastdil Realty Inc.

“Ed has tremendous insight into the industry and a great track record in public market transactions,” said Jeffrey Barclay, Managing Director and Head of Acquisitions at ING Clarion Partners. “We believe there will continue to be compelling investment opportunities around the public segment of the market and look forward to his leadership in this area.”

Carey said, “ING Clarion Partners is an outstanding firm with a great reputation in the industry. I am delighted to have the opportunity to be a part of the organization.”

Carey holds a Bachelor’s degree from the University of Notre Dame, and an MBA from the University of Pennsylvania Wharton School.