Key Takeaways
- • Jérôme Foulon appointed Global Head of Commercial Real Estate at Lone Star, succeeding André Collin who retired after 17 years with the firm.
- • Foulon brings $20+ billion in transaction experience from his prior role as Managing Director at PSP Investments, focused on large-scale recapitalizations and privatizations.
- • Foulon has been with Lone Star since 2018, most recently serving as Senior Managing Director for Global Origination, where he oversaw investment strategy and policy for the firm's commercial real estate funds.
- • Lone Star manages approximately $95 billion in aggregate capital commitments across 25 private equity funds and has completed or committed to over 580 investments valued at $265 billion as of September 30, 2024.
Summary
Lone Star has announced the appointment of Jérôme Foulon as Global Head of Commercial Real Estate, filling the position vacated by André Collin's retirement after 17 years with the Dallas-headquartered global private equity firm. The transition represents a significant leadership change within one of the world's largest alternative investment managers specializing in real estate, corporate equity, credit, and financial assets.
Foulon joined Lone Star in 2018 and has progressed through multiple senior leadership roles within the organization. Prior to his appointment, he served as Senior Managing Director for Global Origination, where he held responsibility for setting and ensuring compliance with investment policy and strategy across Lone Star's commercial real estate fund platform. His appointment reflects promotion from within the firm's existing management structure, signaling continuity in strategic direction during the leadership transition.
Before joining Lone Star, Foulon spent his career at PSP Investments, Canada's pension investment manager, where he achieved Managing Director status in the real estate division. During his tenure there, he directly oversaw the acquisition and management of more than $20 billion in large, complex recapitalization and privatization transactions globally. This extensive background in institutional real estate investment and deal origination establishes credibility in managing Lone Star's substantial portfolio. Foulon holds bachelor's and master's degrees in economics from HEC Montreal and is a Chartered Financial Analyst.
Lone Star, founded in 1995, has established itself as a preeminent institutional real estate investor through its three fund series: the Commercial Real Estate Fund series, Opportunity Fund series, and U.S. Residential Mortgage Fund series. The firm has organized 25 private equity funds with approximately $95 billion in aggregate capital commitments since inception. Since the beginning of 2013, Lone Star has raised more than $61 billion, demonstrating sustained institutional capital access and investor confidence. The firm's transaction record reflects the scale of operations Foulon now oversees: more than 580 investments across 2,300 transactions totaling approximately $265 billion in aggregate purchase price as of September 30, 2024.
Foulon joined Lone Star in 2018 and has progressed through multiple senior leadership roles within the organization. Prior to his appointment, he served as Senior Managing Director for Global Origination, where he held responsibility for setting and ensuring compliance with investment policy and strategy across Lone Star's commercial real estate fund platform. His appointment reflects promotion from within the firm's existing management structure, signaling continuity in strategic direction during the leadership transition.
Before joining Lone Star, Foulon spent his career at PSP Investments, Canada's pension investment manager, where he achieved Managing Director status in the real estate division. During his tenure there, he directly oversaw the acquisition and management of more than $20 billion in large, complex recapitalization and privatization transactions globally. This extensive background in institutional real estate investment and deal origination establishes credibility in managing Lone Star's substantial portfolio. Foulon holds bachelor's and master's degrees in economics from HEC Montreal and is a Chartered Financial Analyst.
Lone Star, founded in 1995, has established itself as a preeminent institutional real estate investor through its three fund series: the Commercial Real Estate Fund series, Opportunity Fund series, and U.S. Residential Mortgage Fund series. The firm has organized 25 private equity funds with approximately $95 billion in aggregate capital commitments since inception. Since the beginning of 2013, Lone Star has raised more than $61 billion, demonstrating sustained institutional capital access and investor confidence. The firm's transaction record reflects the scale of operations Foulon now oversees: more than 580 investments across 2,300 transactions totaling approximately $265 billion in aggregate purchase price as of September 30, 2024.
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