Slate hires for capital raising

Molly Mahoney has joined the Chicago office of Slate Asset Management, focusing on the Toronto-based firm’s capital raising efforts in the U.S.

Previously Mahoney was at real estate firm JLL and was a managing director on the funds advisory team. Prior to that she held vice president positions at Shelter Rock Capital Advisors and Heller Advisory.

Slate recently closed its third European real estate fund at a hard cap of €250 million ($294 million) in April. In May, the firm announced a new special situations strategy to provide transitional capital to Canada’s real estate industry disrupted by the pandemic. Overall, the $6.5 billion firm offers a variety of private equity funds and listed investment vehicles.

“We are delighted to welcome Molly to our capital raising team, particularly as Slate continues to build ample capital to deploy opportunistically during this time,” said Blair Welch, founding partner. “Molly brings more than a decade of experience working directly with institutional investors and manage working relationships with pensions, endowments and foundations.”

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