Erik Dmytruk has joined Toronto-based Slate Asset Management as managing director to launch new value-creation strategies across the firm’s businesses, including Slate Securities, an investment management platform specializing in real estate.
Dmytruk had spent nearly two decades at Alberta Investment Management Corporation, where was director of real estate focused on retail and special situations. In that role he managed a portfolio of core assets and led various real estate capital markets activities, including public company investments and debt issuances.
“Slate Asset Management has established itself as a leading alternative investment platform with impressive depth and breadth of real estate expertise,” said Dmytruk. “I’m looking forward to building on that reputation within the firm’s highly entrepreneurial culture to continue driving long-term value for our investors.”
While at AIMCo, he played an integral role in growing AIMCo’s real estate investments from a C$2 billion (U.S.$1.6 billion) domestic portfolio to more than C$21 billion globally.
“We are very pleased to welcome Erik to the Slate team,” said Blair Welch, founding partner of C$8 billion Slate Asset Management. “He brings a wealth of knowledge and experience across all aspects of the real estate investment process, and his expertise will be highly additive as we look to further expand our capabilities, product offerings and investor base.”
Last month, Slate closed its latest fund on the heels of the closing of its acquisition of Annaly Capital Management’s commercial real estate business.