Key Takeaways
- • Jérôme Foulon appointed Global Head of Commercial Real Estate for Lone Star, succeeding André Collin who retired after 17 years with the firm; Foulon has been with Lone Star since 2018 in progressively senior roles.
- • Foulon's most recent position was Senior Managing Director for Global Origination, where he oversaw investment strategy and policy for Lone Star's commercial real estate funds.
- • Prior to Lone Star, Foulon spent his career at PSP Investments managing over $20 billion in complex real estate recapitalizations and privatizations globally.
- • Lone Star manages approximately $95 billion in aggregate capital commitments across 25 private equity funds with documented experience in more than 580 investments valued at approximately $265 billion as of September 2024.
- • Foulon holds dual degrees in economics from HEC Montreal and holds CFA certification.
Summary
Lone Star has announced the appointment of Jérôme Foulon as Global Head of Commercial Real Estate, effective immediately following the retirement of André Collin after 17 years leading the firm's real estate operations. The leadership transition marks a planned succession within one of the alternative investment industry's largest real estate platforms.
Foulon brings substantial experience to the role, having joined Lone Star in 2018 and progressing through multiple senior management positions. Most recently serving as Senior Managing Director for Global Origination, Foulon has been responsible for formulating investment strategy and ensuring policy compliance across Lone Star's commercial real estate fund platform. Before joining Lone Star, he held the position of Managing Director in the real estate division at PSP Investments, Canada's largest pension investment manager, where he directly managed acquisition and portfolio management of more than $20 billion in large-scale recapitalizations and privatizations across global markets.
The appointment reflects internal advancement within Lone Star's leadership ranks. Foulon's qualifications include a bachelor's degree and master's degree in economics from HEC Montreal, as well as CFA designation, indicating strong foundational training in financial analysis and investment discipline.
Lone Star itself maintains substantial scale within the alternative investment industry. Since its establishment in 1995, the firm has organized 25 private equity funds with aggregate capital commitments of approximately $95 billion. The firm structures its capital across three fund series: the Commercial Real Estate Fund series, the Opportunity Fund series, and the U.S. Residential Mortgage Fund series. Since 2013 alone, Lone Star has raised over $61 billion for investment. The firm's transactional record, as of September 30, 2024, reflects significant deal execution: more than 580 investments completed or committed across more than 2,300 transactions at an aggregate purchase price of approximately $265 billion, including acquisition financing and co-investor capital.
Foulon's appointment positions him to lead a major real estate investment platform during a period of significant commercial real estate market dynamics and represents continuity in leadership strategy for Lone Star's largest fund series.
Foulon brings substantial experience to the role, having joined Lone Star in 2018 and progressing through multiple senior management positions. Most recently serving as Senior Managing Director for Global Origination, Foulon has been responsible for formulating investment strategy and ensuring policy compliance across Lone Star's commercial real estate fund platform. Before joining Lone Star, he held the position of Managing Director in the real estate division at PSP Investments, Canada's largest pension investment manager, where he directly managed acquisition and portfolio management of more than $20 billion in large-scale recapitalizations and privatizations across global markets.
The appointment reflects internal advancement within Lone Star's leadership ranks. Foulon's qualifications include a bachelor's degree and master's degree in economics from HEC Montreal, as well as CFA designation, indicating strong foundational training in financial analysis and investment discipline.
Lone Star itself maintains substantial scale within the alternative investment industry. Since its establishment in 1995, the firm has organized 25 private equity funds with aggregate capital commitments of approximately $95 billion. The firm structures its capital across three fund series: the Commercial Real Estate Fund series, the Opportunity Fund series, and the U.S. Residential Mortgage Fund series. Since 2013 alone, Lone Star has raised over $61 billion for investment. The firm's transactional record, as of September 30, 2024, reflects significant deal execution: more than 580 investments completed or committed across more than 2,300 transactions at an aggregate purchase price of approximately $265 billion, including acquisition financing and co-investor capital.
Foulon's appointment positions him to lead a major real estate investment platform during a period of significant commercial real estate market dynamics and represents continuity in leadership strategy for Lone Star's largest fund series.
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