Rabih Sfeir has joined Cerberus Capital Management as managing director and head of Real Estate Capital Formation for the Middle East, based in Dubai. Sfeir is said to have nearly 15 years of experience in capital fundraising and corporate development across real estate strategies.
Cerberus’ real estate platform currently manages approximately $27bn of real estate-related assets supported by a team of more than 150 professionals in the US, Europe, Asia, South America, the Middle East, and Australia, said a statement from the firm.
Sfeir most recently served as head of Capital Formation for Real Estate at DigitalBridge, where he managed and grew the firm’s relationships with limited partners in the Middle East. He previously held senior financial and managerial positions at multinational groups, including Kingdom Hotel Investments and LCH Holding, the firm explained.
“His appointment underscores our commitment to building long-term relationships with investors around the world. We have consistently delivered solutions to investors across our established, multi-strategy real estate platform and look forward to extending our reputation as a trusted partner with Rabih’s leadership,” said Lee Millstein, president of Cerberus Global Investments and global head of Real Estate for Cerberus.
Grant Berlin, global head of Real Estate Fundraising for Cerberus added, “We’re thrilled to welcome Sfeir to the team. His extensive sector knowledge and strong background of cultivating partnerships will further deepen our engagement with investors in this important region.”
On his new role, Sfeir remarked, “Cerberus has built a world-class real estate franchise. For nearly three decades, the team has created a distinct edge for investors by integrating its investment and operating capabilities. With compelling opportunities across the platform, I’m excited to help meet the evolving needs of institutional investors in the Middle East.”