3/1/23 – Dave Law Joins Global Pacific to Co-Lead in the Company’s Next Chapter
Denver, CO (March 1, 2023) – Global Pacific (the “Company”), an investment company with a value-conscious perspective and vertically integrated operations, announced that David Law has joined the Company as Managing Principal. Dave is uniting with his brother, Michael Law, who has directed and led the Company for the last 11 years in its growth and evolution from being a closely held family real estate business into a sophisticated investment company.
In their roles as Managing Principals of the Company, Mike and Dave will co-lead the organization into its next chapter of growth, which is focused on initiating a three-pronged strategy to invest across the spectrum of “Properties, Platforms, and Partnerships” to optimize the Company’s flexibility and versatility in its investment approach. The Properties segment is direct real estate investment including acquisitions, management, and development. The Platforms initiative establishes affiliated platforms to programmatically aggregate assets within asset-backed operating businesses or subscale-sized asset types. The Partnerships initiative is co-investment alongside specialist operators or developers or alternatively into differentiated niches or new technologies. Given the tremendous pressure in the real estate industry following the Covid pandemic and in the midst of high inflation, rate hikes, and the ongoing banking turmoil, the Company anticipates a wide range of potential opportunities across Global Pacific’s investment strategy.
Prior to Global Pacific, Dave’s career was focused on global real estate investment in New York City and London. He began his career in investment banking by joining Merrill Lynch’s real estate investment banking team in New York City to advise publicly traded real estate investment trusts on strategic M&A and capital raising activities. Dave joined Och-Ziff Capital Management, now re-branded as Sculptor Capital Management (“Sculptor”), in mid-2008 just before the collapse of Lehman Brothers and the ensuing financial crisis. Sculptor is a global multi-strategy hedge fund with nearly $40 billion of assets under management. During his nearly 15-year tenure at Sculptor, Dave worked in the real estate private equity business that was established in the mid-2000s by former Blackstone real estate executives. Dave began his career at Sculptor focused initially on U.S. acquisitions. In 2014, Dave relocated to London to lead Sculptor’s expansion into European real estate. As managing director and Head of European Real Estate, Dave oversaw all aspects of Sculptor’s European real estate investment business for the past 8 years, which included strategy, sourcing, acquisitions, financings, asset management, dispositions, and capital raising.
Dave graduated from Princeton University with a Bachelor’s degree in architecture and received a Master’s degree in city planning at the London School of Economics. He also has a postgraduate diploma from Oxford University’s Saïd Business School.
About Global Pacific
Global Pacific has built a longstanding history of being a versatile investor with a dynamic, value-conscious perspective and vertically integrated operations. Our investment philosophy is characterized by a value-oriented approach that we refine with data-driven underwriting and meticulous diligence. We utilize our vertically integrated capabilities to unlock value across our portfolio by applying operational rigor and disciplined decision making. We seek to grow a diverse portfolio of properties, platforms, and partnerships that leverage our vertically integrated operations and versatile capital base.