ISPT to welcome Doug Cain as Head of Mandates
ISPT is pleased to announce the appointment of Doug Cain in the newly created role of Head of Mandates. Sitting within the Funds Management team, Doug will be responsible for driving investment performance across ISPT’s mandates business including the creation of new real estate investment products and overseeing the management of new and existing mandates, clubs, and joint ventures.
Doug brings 18 years of global real estate experience and will join ISPT in early March from The Future Fund, where he held the position of Head of Unlisted Property and is responsible for leading the organisation’s global real estate investment strategy.
Prior to this, Doug spent 10 years with PSP Investments as a Senior Director in the real estate investments group, overseeing acquisitions, divestments, and asset management across Australia, New Zealand, Mexico, Columbia and the United States. Previously, Doug was with CIBC World Markets in their Real Estate Investment Banking Group for five years. Over his career Doug has acquired over USD$15 billion of assets ranging from fund investments, direct property acquisitions and privatisations of public REIT’s.
Matt Brown, Head of Funds Management at ISPT said “We are excited to welcome Doug to the team as we look to grow our mandates business. As ISPT continues to expand and diversify its investment offerings to cater for the evolving needs of our investors, Doug’s global real estate experience and strong transactional skills will be highly beneficial.”
Doug’s appointment comes after ISPT announced in June 2023 that it had made a number of senior appointments, reshaping its executive leadership team, and the appointment of Tom Waters as Head of Development in October 2023.
For further information please contact:
Nicole Grove
General Manager, Communications
E: ngrove@ispt.com.au
M: 0427 916 166
