Philip Barker is a Senior Managing Director for CBRE’s real estate investment banking business, CBRE Capital Advisors, Inc. and leads the group’s activities for “Secondary” real estate opportunities in the Americas. CBRE’s secondary private equity real estate team, first established in the U.K, has successfully executed over US $13 billion in transactions globally since its inception in 2010.
The team handles all forms of alternative capital replacement for real estate investments, ranging from Limited Partnership position transfers of open and closed ended funds to General Partnership recapitalizations, joint venture sales and other bespoke partial or minority ownership replacement.
Mr. Barker brings significant alternative investment experience to the group having previously led CBRE’s Real Estate Derivative’s team in the U.S. from 2006 to 2010, transacting over US $3 billion of notional value in index based products in the commercial and the residential market sectors.
Prior to re-joining CBRE in 2015, Mr. Barker spent five years at ICAP PLC, a leading inter-dealer broker, where he was the global head of precious metals. Previously, he was the SVP-Head of inflation derivatives for ICAP, successfully establishing the firm’s presence in this sophisticated market. Prior to this Mr. Barker was an SVP with the GFI Group, the inter-dealer broker, where he specialized in developing and leading new markets, including the JV with CBRE in real estate.
Over the course of his career in the financial markets Mr. Barker has held several senior trading and structuring roles for investment and commercial banks, including the Royal Bank of Canada, where he was the global head of trading and sales for precious metals, Merrill Lynch and Barclays Bank where he managed global trading books and structured product development.
Mr. Barker has been a frequent speaker, panelist and presenter at many real estate industry events; including the PREA & NCREIF annual conferences; IREI’s VIP event, NAIOP, IPD/MSCI, PERE, NYPEN, Markets Group and PrivCap.
Mr. Barker was the Founder and Co-Chair of RED-SIG, an industry alliance established to offer insight and perspective on the use and implementation of US commercial property derivative products, comprised of a distinguished advisory group of leading institutional investors, portfolio managers, index providers, academics, tax advisors, banks and brokers.