Hedge Funds

Colony Capital betting on real estate hedge fund


Los Angeles-based Colony Capital, the $11 billion global real estate player, is planning to run a real estate hedge fund from its New York office. The aim is to create an actively managed portfolio of real estate stocks, bonds and REITs.

Wilson Magee

The effort is being led by newcomers at the firm, Wilson Magee and Jeff Moore, two established veterans in both the real estate and securities-financing industries. Magee had been co-portfolio manager of Goldman Sachs' real estate group and Moore is coming over from Citigroup Alternative Investments.

Jeff Moore