Colony Capital, Inc. (NYSE: CLNY) (“Colony” or the “Company”) today announced the appointment of Severin White as Managing Director, Head of Public Investor Relations, effective immediately.
As Head of Public Investor Relations, Mr. White will, among other things, manage and cultivate relationships with the investment community, oversee the Company’s financial communications and shareholder outreach, and act as a liaison between the management team, Board of Directors and Colony Capital’s ownership base. He will also support the Colony senior leadership team, as the Company pivots its focus to digital infrastructure and real estate.
“With more than 25 years of investment management experience in both private equity and public markets, Severin brings invaluable expertise and leadership to our investor relations program,” said Marc Ganzi, Colony Capital’s CEO-elect. “Severin will play an important role in building investor engagement and articulating the benefits of our new strategic direction focused on digital infrastructure and real estate.”
Mr. White said, “Colony Capital is a dynamic business with compelling opportunities ahead. I am excited to join the Company at such an important time in its history and I look forward to communicating Colony’s bright prospects for growth and value creation to our shareholders and the broader investment community.”
About Severin White
Over the course of his career, Mr. White has held senior operational and finance positions at several capital management and investment firms. He joins Colony Capital from Niagara Share LLC, a financial advisory practice serving family office investors focused on both public and private investments. Mr. White founded and served as managing member of Niagara Share LLC.
Prior to founding Niagara Share, he served for 10 years as a key member of the investment team managed by New Vernon Capital and subsequently Columbia Pacific Advisors. Earlier in his career, Mr. White served as Senior Vice President, Business Development at Smithsonian Business Ventures, where he spearheaded the negotiation and structuring of the Smithsonian Channel, a joint venture television network between the Smithsonian Institution and CBS/Showtime. Mr. White began his career at Bastion Capital, a Los Angeles‐based middle market private equity buyout fund.
Mr. White holds a Bachelor of Science in Economics from the Wharton School of the University of Pennsylvania, with concentrations in Finance and Entrepreneurial Management.
About Colony Capital
Colony Capital, Inc. (NYSE:CLNY) is a global investment firm with a focus on building the leading digital real estate provider and funding source for the occupancy, infrastructure, equity and credit needs of the world’s mobile communications and data-driven companies. The Company has assets under management of approximately $49 billion composed of $36 billion of capital managed on behalf of third party institutional and retail investors and $13 billion of investment interests on its own balance sheet. The Company’s owns and operates an investment management business with $14 billion in digital real estate investments and $22 billion in traditional commercial real estate debt and equity investments. With respect to investment interests on its balance sheet, the Company owns (a) a controlling 20% interest in DataBank, a leading provider of enterprise-class data center, cloud, and connectivity services, (b) a 71% interest in 358 healthcare properties, (c) a 94% interest in 157 hospitality properties, (d) approximately 67 million shares of Colony Credit Real Estate, Inc. (NYSE:CLNC), and (e) interests in various other equity and debt investments including general partnership interests in funds management by the Company commercial real estate equity and debt investments and other real estate-related securities. The Company is headquartered in Los Angeles with key offices in Boca Raton, New York, Paris and London, and has over 400 employees across 21 locations in 13 countries. For additional information regarding the Company and its management and business, please refer to www.clny.com.
Cautionary Statement Regarding Forward-Looking Statements
This communication may contain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as “may,” “will,” “should,” “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” or “potential” or the negative of these words and phrases or similar words or phrases which are predictions of or indicate future events or trends and which do not relate solely to historical matters. You can also identify forward-looking statements by discussions of strategy, plans or intentions. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and contingencies, many of which are beyond the Company’s control, and may cause the Company’s actual results to differ significantly from those expressed in any forward-looking statement. Factors that might cause such a difference include, without limitation, the impact of the Coronavirus on the Company, the market, economic and environmental conditions in the digital and communications technology, healthcare and hospitality real estate, other commercial real estate equity and debt, and investment management sectors, whether the Company will continue to accelerate or otherwise successfully execute its strategic transition to become the leading digital real estate and infrastructure focused company, the Company’s bright prospects for growth and whether the Company will generate long-term, sustainable value for stockholders, the Company’s ability to capitalize on compelling global opportunities in the digital ecosystem and simplify its business to deliver value to its stockholders, the amount and timing of purchases of the Company’s stock by the Company’s joint venture with Blackwells, the Company’s liquidity and whether it can continue to maintain ample liquidity and financial flexibility, the Company’s use of its liquidity, the Company’s ability to pay dividends, the Company’s board composition, the impact of the digital transition on the Company’s legacy portfolios and assets, including whether such transition will result in significant impairments to certain of its investments, including healthcare and hospitality assets, including whether such transition will result in any of the anticipated benefits, the Company’s ability to continue deploying capital in its sponsored Digital Colony fund or to raise additional capital in future funds, whether the Company will enter into a definitive agreement to dispose of its management contract with CLNC, the pace of additional asset monetizations and other risks and uncertainties detailed in the Company’s filings with the Securities and Exchange Commission (“SEC”), including but not limited to the Company’s Annual Report on Form 10-K for the year ended December 31, 2019. All forward-looking statements reflect the Company’s good faith beliefs, assumptions and expectations, but they are not guarantees of future performance. Additional information about these and other factors can be found in the Company’s reports filed from time to time with the SEC.
The Company cautions investors not to unduly rely on any forward-looking statements. The forward-looking statements speak only as of the date of this communication. The Company is under no duty to update any of these forward-looking statements after the date of this communication, nor to conform prior statements to actual results or revised expectations, and the Company does not intend to do so.
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