NEW YORK, March 24, 2022 /PRNewswire/ — Lafayette Sq., an affect expenditure platform, introduced nowadays that Onay Payne has been appointed Managing Director of Serious Estate. In this freshly made part, Payne will oversee the firm’s authentic estate division, which will make use of long-expression funds and coordinated providers to assist the revitalization of neighborhoods in historically marginalized communities by means of municipally sizeable redevelopments as very well as the development and preservation of economical housing. Payne will also be a element of the financial commitment committee that will oversee all of Lafayette Square’s broader actual estate pursuits which includes strategic joint ventures and inclusive serious estate progress.
Payne is a real estate veteran with over 20-five years of business knowledge. Prior to joining Lafayette Square, she was an equity associate, Taking care of Director and Portfolio Supervisor at Clarion Companions, a authentic estate financial commitment organization with about $70 billion in belongings beneath management. In excess of the class of her job at Clarion Companions, which began in 2003, Payne served in various investment decision roles with oversight of various commingled money and independent accounts invested throughout all main home styles and marketplaces throughout the United States and Mexico, and also served on the Investment decision and Profession Management Committees. Payne started her career inside the investment banking division at JPMorgan Chase.
“We are thrilled that Onay has joined Lafayette Square to make the third pillar of our influence investment decision system,” reported Damien Dwin, founder and CEO of Lafayette Square. “Her background melds deep genuine estate investment decision expertise with a enthusiasm for making favourable impact in local communities.”
“I share Damien’s and the Lafayette Square team’s vision in leveraging an influence-pushed expenditure approach to make a lasting big difference in communities that have traditionally been neglected and undercapitalized,” claimed Payne. “I am honored to join such an impressive system and aid scale our serious estate investment decision endeavours to enact meaningful modify in underserved places.”
Payne attained a bachelor’s diploma from Harvard College (magna cum laude) and an M.B.A. from Harvard Business enterprise Faculty, where by she was a Robert Toigo Basis (“RTF”) Fellow. She presently serves as Chair of the RTF Alumni Endowment Board and Chair of the Finance Committee of the board of the Mark Morris Dance Group. She is also a member of the Harvard Alumni True Estate Board the Serious Estate Executive Council WX New York Females Executives in Actual Estate the Urban Land Institute, wherever she sits on the nationwide Know-how and Authentic Estate Council and the ULI NY Advisory Board and the Advisory Board of Making Cyber Protection.
Payne is a recognized chief in just the actual estate industry, getting been chosen as a member of Commercial Observer’s 2021 Energy Finance 50 list, featured in the Pace Prevalent Floor Campaign for Gender Equality in 2017, inducted into Toigo Foundation’s inaugural “40 Below 40” list in 2013, and showcased in Real Estate Forum Magazine’s “Women of all ages of Influence 2010”.
About Lafayette Square
Lafayette Sq. is an impact financial investment platform performing regionally to produce an inclusive American economic system. Our mission is to be the leading provider of effect-driven money. We believe deploying money and curating services will create economic opportunity for all.
As we make investments, we work with a mission-aligned network to provide impactful services that improve the wellbeing of underserved people and communities. For more information and facts about Lafayette Square, please visit www.lafayettesquare.com.
Media Make contact with:
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