Hines Private Wealth Solutions Launches in Europe and Expands Leadership Team to Serve Investors

Skilled industry leaders tapped to deepen relationships across distribution channels and broaden platform access across the globe.

(HOUS­TON) – Hines, a lead­ing glob­al real estate invest­ment man­ag­er, today announced new lead­er­ship appoint­ments to sup­port the growth of the Hines Pri­vate Wealth Solu­tions plat­form (“Hines PWS”). The addi­tions demon­strate the firm’s com­mit­ment to indi­vid­ual investors and con­vic­tion in its abil­i­ty to sup­port their invest­ment goals through inno­v­a­tive real estate solutions.

Europe Launch

While Hines has worked with insti­tu­tion­al investors in Europe for decades, this lat­est push will bring access to Hines-spon­sored solu­tions to indi­vid­ual investors in the region for the first time. To spear­head the effort, Hines has appoint­ed Euge­nio Cic­conet­ti, pre­vi­ous­ly the Head of the Glob­al Finan­cial Client Group at Schroders, to serve as the Euro­pean Head of Hines PWS.

With 20 years of expe­ri­ence address­ing com­plex investor needs through tai­lored strate­gies, Lon­don-based Cic­conet­ti has the ide­al back­ground to lead the platform’s Euro­pean expan­sion efforts on the ground. He will be respon­si­ble for cul­ti­vat­ing and strength­en­ing the firm’s rela­tion­ships with high-net-worth clients, fam­i­ly offices, and pri­vate banks while pro­vid­ing cus­tomized invest­ment solu­tions that com­bine glob­al real estate exper­tise with the poten­tial for long-term val­ue. Cic­conet­ti will report to Paul Fer­raro, Glob­al Head of Hines PWS.

Amer­i­c­as Expansion

The sea­soned U.S.-based PWS team has been bol­stered by three sig­nif­i­cant hires whose roles are designed to sup­port the platform’s strate­gic growth by focus­ing on its dis­tri­b­u­tion channels.

John Caru­so is Head of Strate­gic Accounts, respon­si­ble for lead­ing the busi­ness devel­op­ment strat­e­gy to grow client rela­tion­ships with­in the pri­vate wealth seg­ment and sup­port dis­tri­b­u­tion efforts. His team man­ages key rela­tion­ships with­in the wire­house, pri­vate bank, inde­pen­dent bro­ker-deal­er and enter­prise RIA chan­nels. Pre­vi­ous­ly at Gold­man Sachs where he served as Vice Pres­i­dent of Nation­al Accounts, Caru­so brings deep expe­ri­ence cul­ti­vat­ing strate­gic part­ner­ships on behalf of world-class wealth man­age­ment firms.

Charles Cho is Head of Fam­i­ly Office-Amer­i­c­as. In this role, Cho and his team are respon­si­ble for devel­op­ing, main­tain­ing and deep­en­ing rela­tion­ships with new and exist­ing sin­gle and mul­ti­fam­i­ly offices. In addi­tion, he assists in iden­ti­fy­ing prod­uct devel­op­ment pri­or­i­ties while build­ing a com­mu­ni­ca­tion strat­e­gy for the fam­i­ly office chan­nel to increase vis­i­bil­i­ty across the indus­try. Cho for­mer­ly served as Glob­al Head of Fam­i­ly Office Devel­op­ment at Marathon and worked close­ly with fam­i­ly offices and oth­er investors at Black­Rock pri­or to that.

Justin Arasin is Head of RIA, focus­ing specif­i­cal­ly on bring­ing pri­vate wealth solu­tions to this crit­i­cal seg­ment of finan­cial pro­fes­sion­als. He will work to build aware­ness of the firm’s offer­ings with­in the expand­ing sec­tor and devel­op strate­gies to tar­get this key seg­ment of the pri­vate wealth indus­try. For­mer­ly the Head of Cap­i­tal For­ma­tion and Prod­uct Devel­op­ment at U.S. Real­ty Advi­sors, and Head of Alter­na­tive Invest­ments Dis­tri­b­u­tion at Nuveen before that, Arasin joins the firm with sig­nif­i­cant busi­ness devel­op­ment expe­ri­ence in real estate and alter­na­tive investments.

“We have assem­bled an incred­i­ble pool of tal­ent to take Hines Pri­vate Wealth Solu­tions to the next lev­el,” said Fer­raro, who joined the firm in Feb­ru­ary 2024 to over­see Hines’ glob­al pri­vate wealth strat­e­gy after lead­ing Car­lyle Pri­vate Wealth. ​“We believe there is a tremen­dous oppor­tu­ni­ty for Hines to lever­age its exper­tise and glob­al foot­print to bring com­pelling invest­ment solu­tions to more indi­vid­ual investors than ever before, and we have a ter­rif­ic team in place to do just that.”

About Hines

Hines is a lead­ing glob­al real estate invest­ment man­ag­er. We own and oper­ate $90.1 bil­lion¹ of assets across prop­er­ty types and on behalf of a diverse group of insti­tu­tion­al and pri­vate wealth clients. Every day, our 5,000 employ­ees in 30 coun­tries draw on our 68-year his­to­ry to build the world for­ward by invest­ing in, devel­op­ing, and man­ag­ing some of the world’s best real estate. To learn more, vis­it www​.hines​.com and fol­low @Hines on social media.

¹In­cludes both the glob­al Hines orga­ni­za­tion and RIA AUM as of Decem­ber 31, 2024.