Piyush Bhardwaj, Founder and Managing Partner
Prior to forming CoInvestment Partners, Mr. Bhardwaj was the Head of Transactions and Asset Management for Mubadala Prudential Real Estate Investors (MPREI), the Abu Dhabi based joint venture between Mubadala, the strategic investment arm of the Abu Dhabi government and Prudential Real Estate Investors. Mr. Bhardwaj spent over three years in Abu Dhabi, UAE setting up a Real Estate Investment Management platform to provide global real estate investment opportunities to regional and local investors in the Middle East.
Mr. Bhardwaj built a network among various Middle East investors comprising of Family Offices, Pension Funds, Bank Aggregators, Sovereign Wealth Funds and Ultra High Net Worth Individuals throughout Saudi Arabia, United Arab Emirates (UAE), Kuwait, Bahrain, Oman, Qatar, Azerbaijan, and Turkey.
Prior to his expatriation to Abu Dhabi, Mr. Bhardwaj held various investment roles with Prudential Real Estate Investors (PREI) in the United States. He managed and provided strategic direction to five Real Estate Operating Companies (REOC) held within a series of Opportunistic Funds totaling $2.5 billion in gross value. He led workouts and disposed of numerous investments leading to preservation and realization of value in PRECO series of funds.
Mr. Bhardwaj spent his early career as part of the Acquisitions Group executing over $10 billion in transactions across the risk spectrum from core to opportunistic encompassing developments, repositioning, joint ventures, forwards take-outs, and mezzanine debt in U.S. He was based out of New York and San Francisco and evaluated over $25 billion of real estate transactions across all property sectors.
Mr. Bhardwaj graduated from Pennsylvania State University with dual major in Finance and International Business and a dual minor. Mr. Bhardwaj has been a member of Urban Land Institute (ULI).
Joseph J. Bonner, Advisory Board Member
Specialty: Transaction Sourcing & Structuring
Mr. Bonner brings over 30 years of experience in institutional real estate to CoIP. His strong relationships with U.S. operators and developers cultivated while investing on behalf of pension funds is a great asset to the firm.
Mr. Bonner held various positions at Prudential Real Estate Investors (PREI) including Chief Investment Officer of Mubadala Prudential Real Estate Investors (MPREI). He was a member of MPREI’s Investment Committee and Allocation Committee.
Prior to MPREI, Mr. Bonner was a Managing Director within the U.S. Transactions Group responsible for real estate acquisitions in the Mid-Atlantic and Northeast regions of the U.S. and the Eastern Region of Canada on behalf of third party institutional investors. He managed a team that sourced, negotiated, structured and performed due diligence on over 170 acquisitions and real estate joint ventures totaling in excess of $10 billion. In addition to over 25 years at PREI, Mr. Bonner held positions at Exxon and IBM.
Mr. Bonner holds a Master of Business Administration (MBA) from Harvard Business School, a Master of Science in Civil Engineering from Massachusetts Institute of Technology (MIT) and a Bachelor of Architecture from The Cooper Union. He has been a member of ULI, ICSC and the Advisory Board of NYU’s Real Estate Institute.
Peter Gordon, Advisory Board Member
Specialty: Lending & Debt Investments
Mr. Gordon brings over 18 years of experience in real estate lending and investing in debt instruments to CoIP. Mr. Gordon has been involved with the origination, structuring and the eventual disposition of over $4.0Bn of senior and subordinate debt and preferred and bridge equity.
Mr. Gordon is the co-head of originations for AllianceBernstein’s debt funds. Previously, as a Managing Director at New York-based Angelo Gordon, he established the firm’s commercial real estate whole loan business. Prior to joining Angelo, Gordon & Co., Peter was at Goldman Sachs & Co. where he was a Senior Loan Originator and Vice President in the firm’s real estate lending group, responsible for loan origination for the bank’s balance sheet, for syndication and for securitization.
Prior to joining Goldman Sachs, Mr. Gordon was a principal in a joint venture with PREI called Tellus Investors. Mr. Gordon started his career in real estate finance at Morgan Stanley, initially in the Investment Banking Division of the real estate group where he was an advisor to real estate companies for buy-side and sell-side M&A, debt, equity and overall capitalization. Subsequently he was as an Executive Director in the fixed income division working on large commercial financings.
Mr. Gordon holds a MBA from the Columbia Business School and a Bachelor of Science from St. Andrews University in Scotland.
Vinay Kapoor, Advisory Board member
Specialty: Development, Design & Project Management
Mr. Kapoor brings over 30 years of experience in real estate development in North America, Europe and in India to CoIP. In particular, his experience includes design and development of complex large-scale, mixed-use and office projects of the highest international standards.
Mr. Kapoor is the CEO of Westcourt, a real estate development company and co-founder of Studio u+a, an architecture firm focused on urban design. Immediately prior to forming Westcourt in 2005, Mr. Kapoor was the CEO of the cross-border IPC REIT, a public listed company on the Toronto Stock Exchange, overseeing the acquisition of $1.5 billion in assets consisting of commercial buildings in U.S. He also lead the acquisition of Canary Wharf for Paul Reichmann in 2002-2003.
Prior to that, Mr. Kapoor was a Vice-President of development for Olympia & York and was responsible for the design and development of World Financial Center in New York City and Canary Wharf in London. He was later responsible for three major projects for Reichmann International in Mexico including Torre Mayor, a 55 storey tower in Mexico City. He was an advisor to the Goldman Sachs Whitehall Fund for their European development projects and was a senior member of the development team on a 3 million square feet Urban Entertainment Center in Frankfurt for TrizecHahn.
Mr. Kapoor holds a Masters in Architecture from Toronto University and a Masters in Urban Design from Harvard University.
Thomas Nye, Advisory Board Member
Specialty: Underwriting & Asset Management
Mr. Nye brings 25 years of experience in real estate investing to CoIP with a successful track record of executing a U.S. investment strategy for a German open-ended real estate fund sponsored by Commerzbank .
Mr. Nye recently rejoined HRO Management as the Chief Investment Officer in the U.S., assuming the same position he held at HRO from 2004 to 2007. During his prior tenure at HRO he acquired approximately $800 million in assets which were sold prior to the 2008 U.S. market downturn for $1.2 billion, significantly exceeding investment return targets. In 2008, he was a principal at Tellus Investors.
From 1991 to 2000, at Cornerstone Properties, a U.S. office REIT, he was responsible for over $2 billion of acquisitions and the refinancing of $400 million of secured mortgage debt. He was Senior Vice President and Treasurer when Cornerstone was sold to Equity Office Properties in 2000. Prior to Cornerstone, Mr. Nye worked in finance for the international real estate group of Deutsche Bank AG in Frankfurt, Germany and then at Deutsche Bank Realty Advisors in New York.
Mr. Nye holds a MBA from the Wharton School at the University of Pennsylvania and a Bachelor of Arts in Economics from Stanford University.