Civitas Capital Group has strengthened its sales team with the promotion of two existing members of staff and the addition of two new hires.
Irene Shen has been promoted to director, sales and investor relations. In her new role, Shen is responsible for expanding Civitas' presence in the alternative investment space in Asia, as well as coordinating the development of new products in the region. Shen has been with Civitas since August 2011.
Manuel Ortiz has been promoted to head of EB-5 sales and investor relations. In his new role, Ortiz is responsible for developing and managing global investor relations, and overseeing the EB-5 capital division sales team. Ortiz has been with Civitas since January 2013.
Olof Akesson joins Civitas as Managing director, sales and investor relations. His responsibilities include overseeing and developing the Civitas sales and client relations team, including investor communications. Akesson previously was chief operating officer for Asia institutional sales at HSBC, overseeing all global markets products.
Claudia Betancourt joins Civitas as director, capital markets. Her responsibilities include expanding Civitas' presence in the alternative investment products space outside of Asia, as well as coordinating the development of new products for individuals, family offices, and institutions. Previously, Betancourt was managing director at Commerce Street Capital (CSC), an investment banking firm.
"We're delighted to recognise and reward Irene and Manuel for their contributions, and are pleased to welcome Olof and Claudia to our company," says chief executive officer Daniel J Healy (pictured). "We have a remarkable sales team with diverse cultural experience and thorough knowledge of the investment management industry. I believe we are well-positioned for the future."
The Civitas Capital Group family of companies provides EB-5 capital and alternative investment strategies to institutional investors, family offices and qualified individuals.
The firm offers niche investment strategies in US lodging and real estate markets through its alternative investments and EB-5 capital divisions.