CBRE Global Real Estate Income Fund (NYSE: IGR) Appoints New Trustee
July 30 2024 - 4:00PM
Business Wire
The Board of Trustees of the CBRE Global Real Estate Income Fund
(NYSE: IGR) announced today that Peter F. Finnerty has been
appointed to the Board and joins as an independent Trustee
effective July 31, 2024.
“We welcome Peter to the Board and feel his expertise and
background are very relevant and complementary to our other Board
members,” commented Ritson Ferguson, Chairperson of IGR’s Board.
“He has extensive relevant experience and perspective on strong
governance practices within the investment management business
which will benefit our shareholders.”
Mr. Finnerty is a uniquely experienced mutual funds industry
leader with extensive financial reporting, operational and risk
management experience. For over 12 years, he was the leader of
PwC’s Mutual Funds Practice, the largest provider of professional
services to the industry. He has served as the lead engagement
partner on three of the top ten mutual funds complexes.
Prior to his recent retirement, Mr. Finnerty served as the US
Mutual Fund Leader for PricewaterhouseCoopers L.L.P. (PwC). His
duties included driving practice initiatives relating to quality,
human capital, and client experience, coordinating Firm
relationship with SEC and ICI on all mutual fund industry matters,
and establishing PwC’s thought leadership and benchmarking agenda
for the mutual fund industry. He also served as the Global Asset
& Wealth Management Assurance Leader. His duties included
determining market-facing activities for the leading global
provider of assurance services to the asset management industry and
responsibility for directing PwC’s global asset management
innovation and technology initiatives across the sector’s global
practice.
Mr. Finnerty is a Certified Public Accountant (New York and
Massachusetts), a member of the American Institute of Certified
Public Accountants, and an Audit Committee Financial Expert (ACFE
under Sec 407 of the Sarbanes-Oxley Act). Additionally, he is a
frequent speaker/panelist at industry conferences, an author of
numerous articles and thought leadership on the mutual fund
industry, a former member of ICI Accounting/Treasurers’ Committee;
Treasurer for Boston Financial Services Leadership Counsel, and a
member of the Audit Committee of the Town of Brookline,
Massachusetts. Mr. Finnerty earned his Bachelor of Arts in
Economics from Amherst College.
About CBRE Investment
Management
CBRE Investment Management is a leading global real assets
investment management firm with $142.5 billion in assets under
management* as of June 30, 2024, operating in more than 30 offices
and 20 countries around the world. Through its investor-operator
culture, the firm seeks to deliver sustainable investment solutions
across real assets categories, geographies, risk profiles and
execution formats so that its clients, people, and communities
thrive. CBRE Investment Management Listed Real Assets LLC is a
separately registered investment adviser within CBRE Investment
Management that specializes in the management of global listed real
assets solutions.
CBRE Investment Management is an independently operated
affiliate of CBRE Group, Inc. (NYSE: CBRE), the world’s largest
commercial real estate services and investment firm (based on 2023
revenue). CBRE has more than 130,000 employees (including Turner
& Townsend employees) serving clients in more than 100
countries. CBRE Investment Management harnesses CBRE’s data and
market insights, investment sourcing and other resources for the
benefit of its clients. For more information about CBRE Investment
Management, please visit www.cbreim.com.
*Assets under management (AUM) refers to the fair market value
of real assets-related investments with respect to which CBRE
Investment Management provides, on a global basis, oversight,
investment management services and other advice and which generally
consist of investments in real assets; equity in funds and joint
ventures; securities portfolios; operating companies and real
assets-related loans. This AUM is intended principally to reflect
the extent of CBRE Investment Management’s presence in the global
real assets market, and its calculation of AUM may differ from the
calculations of other asset managers and from its calculation of
regulatory assets under management for purposes of certain
regulatory filings.
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Analyst and Press Inquiries: David Leggette +1
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Investor Relations: +1 888 711 4272
www.cbreim.com/igr
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