Asia Capital Real Estate (ACRE), a global real estate private equity firm, today announced it has hired Linda J. Isaacson to serve as Partner and the firm’s first-ever Head of ESG & Impact. Based in ACRE’s New York City headquarters, Isaacson will oversee and manage all Environmental, Social & Governance (ESG) initiatives, and lead investment strategy for the firm’s forthcoming venture and impact capital vertical.
As Head of ESG & Impact, Isaacson will work to ensure ACRE’s ongoing investment decisions, operational actions, and overall business philosophy reflect the firm’s commitment to environmental justice, economic equality, social initiatives, transparency, and other core principles.
“Since our inception in 2011, ACRE has always pursued investments that would generate returns for our investors, while also making a positive and lasting impact on the environment and the communities where we operate,” said ACRE Founding Partner Les Menkes. “As ESG initiatives take on greater importance to investors and other stakeholders around the globe, the addition of a globally recognized leader in the space such as Linda will be critical as we expand our portfolio and broaden our strategic playbook to include emerging technologies. We are extremely excited to welcome her to our firm as we begin a new era of growth and success in the months and years to come.”
In addition to guiding ACRE’s ESG initiatives across its portfolio, Isaacson will also play a leading role in the firm’s forthcoming venture capital vehicle, guiding investment activity in early-stage companies and technologies aimed at creating social impact and disruption related to the built environment, sustainable communities, climate tech, health tech and other emerging priorities.
“Technology has become increasingly vital to real estate and investment firms across the world as they seek to reduce their carbon footprints, increase access to high-quality housing and diversify the next generation of industry leaders,” said Isaacson. “At ACRE, we are taking a hands-on role in the identification and development of tools with the power to change the course of our world for the better. I look forward to leveraging both my unique knowledge and experience to launch this new strategic initiative and add to our firm’s established and highly successful set of investment strategies.”
Isaacson is a former Senior Managing Director, Global Innovation + Technology for global talent management firm Ferguson Partners. She serves as both an Americas Executive Board Member and a Global Governing Trustee of the Urban Land Institute, and chairs the organization’s Global Exchange Council. She also is a board member for Local Logic and CRETech; an active member of PREA’s Innovation Affinity Group; WX, New York Women Executives in Real Estate; and Chief, a private network of the most influential senior women leaders in the United States. She is a graduate of the University of Miami and holds a master’s degree from Boston University.
Through a series of equity and debt funds, ACRE manages more than $2.9 billion in assets across private real estate investments and loans. The firm specializes in value-add, multifamily opportunities and invests in workforce and affordable housing assets in strategic growth markets. ACRE’s unique approach to managing its diverse portfolio of multifamily properties includes an intentional focus on creating added value for residents that extends beyond the four walls of their homes. By establishing a sense of community among residents through socially impactful investments and sustainable green measures, ACRE effectively improves tenant retention and generates stable, cash-flowing properties.
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