Mr Klopp has over 30 years of real estate experience and most recently served as CEO of Capital Trust, a publicly traded investment management and real estate finance company. Prior to co-founding Capital Trust with Sam Zell in 1997, he was a founder and managing partner of Victor Capital Group, a private merchant banking boutique that specialized in workouts and distressed debt investing.
Previously, Mr Klopp started Chemical Realty Corporation, Chemical Bank’s real estate investment banking unit, where he served as managing director and co-head. In his role at Morgan Stanley, Mr Klopp will report to Jay Mantz, chief investment officer of Morgan Stanley real estate investing.
Owen Thomas, chairman and CEO of real estate investing at Morgan Stanley, said: “His proven management and investment skills, combined with his long-standing client relationships and strong track record in the real estate industry, make him ideally suited to help drive Morgan Stanley Real Estate Investing forward.”
Mr Klopp said: “Morgan Stanley is a clear leader in real estate investment management, with unparalleled global resources, multiple products and a highly experienced team in place. I look forward to partnering with this team to build on the Firm’s achievements and capitalize on what we believe are significant opportunities ahead.”
