Ramón Camina-Mendizabal has resigned from his position as head of real estate finance, EMEA at Goldman Sachs, Real Estate Capital can reveal.
After a 15-year stint with the investment bank Camina-Mendizabal (pictured) has left to help establish a new business with Ed Siskind the former head of Goldman’s Real Estate Principal Investment Area (REPIA). It is thought that part of the business plan for the new company will include real estate debt investment.
The move re-unites two of the best known names in real estate investment banking.
Siskind, who oversaw the management of more than $34bn of property assets globally when at Goldman, stepped down to retire in 2011 after 23 years with the firm. He has since joined the advisory board of Bridges Ventures, a property, sustainable growth and social sector fund manager.
Separately, David Guedj, executive director at Goldman has also resigned but is not thought to be joining Siskind and Camina-Mendizabal.
In April the bank added Jan Janssen, a director at Bank of America Merrill Lynch, to its real estate finance team as an executive director. George Molesworth from Santander and Amar Majithia from Brookland Partners also joined as associates.
Goldman’s real estate merchant banking team is co-headed globally by Jim Garman and Alan Kava, with Richard Spencer a managing director.
A replacement for Camina-Menizabal is yet to be determined.