The ConAm Group (ConAm) a San Diego-based real estate investment, development and services firm, has appointed industry veteran Rob Singh to CEO, according to a release from a representative of the firm. Singh will take on this position in addition to his role as president, the release says.
In his new dual role, Singh will lead the investment, operational, and financial activities of ConAm, while also guiding the firm’s business development including sourcing capital and client relationships, according to the statement.
Singh has served as ConAm’s co-president and CIO for three years, alongside Bob Svatos, who will continue to serve as the firm’s president and COO, the statement says.
Dan Epstein, chairman and founder of ConAm. is quoted in the release as saying, “This new position is a natural progression for Rob, who has been integral in ConAm’s growth and success.”
Epstein adds that in the past three years, the firm has transitioned to a new investment model, raising approximately $300 million in capital for its discretionary funds and development projects and significantly expanding its property-management arm. “Each of these accomplishments was achieved under Rob’s guidance and direction, therefore making it appropriate to include the CEO responsibilities to his prior role.”
Epstein goes on to say that Singh “played a prominent role in the closing of our second and largest fund to date earlier this year at over $130 million. This is a true testament to Rob’s leadership and ability to expand ConAm’s business activities.”
Singh, a 22-year veteran of the company, says, “ConAm has a tremendous track record, combined with a strong and very capable in place executive team who are helping to drive the growth and success of the company. We are looking to build on our discretionary-fund models success, and we anticipate steady growth for our firm in the years ahead.”