Philip Barker is a Senior Managing Director for CBRE’s real
estate investment banking business, CBRE Capital Advisors, Inc. and leads the
group’s activities for “Secondary” real estate opportunities in the Americas.
CBRE’s secondary private equity real estate team, first established in the U.K,
has successfully executed more than US $10 billion in transactions globally
since its inception in 2010.
The team handles all forms of alternative capital
replacement for real estate investments, ranging from Limited Partnership
position transfers of open and closed ended funds to General Partnership
recapitalizations, joint venture sales and other bespoke partial or minority
Mr. Barker brings significant alternative investment
experience to the group having previously led CBRE’s Real Estate Derivative’s
team in the U.S. from 2006 to 2010, transacting more than US $3 billion of
notional value in both the commercial sector (NCREIF based) and the residential
markets (RPX & Case-Shiller based).
Prior to re-joining CBRE in 2015, Mr. Barker spent five
years at ICAP PLC, a leading inter-dealer brokerage, where he was the global
head of precious metals. Previously, he was the SVP-Head of inflation
derivatives for Icap, successfully establishing the firm’s presence in this
sophisticated market. Prior to this Mr. Barker was an SVP with the GFI Group,
the inter-dealer broker, where he specialized in developing and leading new
markets, including the JV with CBRE in real estate derivatives.
Over the course of his career in financial markets, Mr.
Barker has held several senior trading and structuring roles for investment and
commercial banks, including the Royal Bank of Canada, where he was the global
head of trading and sales for precious metals, Merrill Lynch and Barclays Bank
where he managed trading and structuring books.
Mr. Barker has been a frequent speaker, panelist and
presenter at many real estate industry events; including the PREA & NCREIF
annual conferences; Institutional Real Estate’s VIP event, NAIOP, IPD/MSCI,
NYPEN and PrivCap.
Mr. Barker was the Founder and Co-Chair of RED-SIG, an
industry alliance established to offer insight and perspective on the use and
implementation of US commercial property derivative products, comprised of a
distinguished advisory group of leading institutional investors, portfolio
managers, index providers, academics, tax advisors, banks and brokers.