Morristown, NJ (PRWEB) March 20, 2008
The Hampshire Companies, a full service, private real estate investment fund manager with equity in assets valued at over $1.5 billion, has announced the promotion of Denise Novak to Chief Financial Officer.
Prior to her promotion, Ms. Novak was a Fund Controller for the company's institutional funds which included Hampshire Partners Fund VI, Hampshire's $235 million institutional real estate investment fund and Hampshire Partners Fund VII, Hampshire's $350 million institutional real estate investment fund. In her new role she will be responsible for financial planning and reporting as well as managing and analyzing the financial risks for the company. Ms. Novak has over 15 years of professional accounting experience with 10 of those years in the real estate industry.
"We highly value Denise's commitment and contributions to our company," said James E. Hanson II, CEO and President of The Hampshire Companies. "Her leadership abilities and experience made her the perfect candidate for this promotion and we look forward to her continued advancement as she assumes her new role."
Ms. Novak's promotion replaces Robert Campo who has been promoted to Fund Manager of The Hampshire Generational Fund, one of the firm's private equity real estate investment funds tailored to high net worth investors. Mr. Campo has been with The Hampshire Companies since 2004.
Ms. Novak holds a B.S. in accounting from Ithaca College and is a member of both the American Institute of Certified Public Accountants (AICPA) and the New York State Society of Certified Public Accountants (NYSCPA). She currently resides in Madison, N.J.
Hampshire Partners Fund VI and VII are commingled, discretionary value-added real estate investment funds. The goal of The Hampshire Partners Funds is to deliver superior, above-market returns to its institutional investors through the acquisition, repositioning and operation of investment-grade properties in attractive locations. The focus of investment for the value-add funds is on industrial, retail and suburban office products located in the growth corridors of the Northeast and Mid-Atlantic.
About The Hampshire Companies
The Hampshire Companies is a full-service, private real estate investment fund manager based in Morristown, New Jersey. The Hampshire Companies is a vibrant, dynamic organization that combines creative vision and superior execution, thereby enabling it to create and enhance value in real estate investments in order to consistently outperform the market. Additional information on The Hampshire Companies and its funds is available online at http://www.hampshireco.com.
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