Axonic Capital, the New York-based securitized credit and commercial real estate asset manager with $4.3 billion in assets under management, announced that Matt Weinstein has been promoted to co-chief investment officer. In the newly created role, Weinstein will continue to work alongside Clay DeGiacinto, founder and co-chief investment officer, and will oversee investment management, trading, asset allocation and sector allocation across the firm’s investment strategies.
Weinstein joined Axonic in 2012 and previously held the title of partner and head of credit. He currently serves as head of the real estate investment committee. He has spent his career in the commercial real estate and structured credit markets focused on portfolio management, with an emphasis on providing customized financing solutions and strong underwriting capabilities along with pricing credit risk, structuring and negotiating complex real estate transactions.
“We believe we are entering a once-in-a-decade real estate investing environment with the debt capital markets pullback. With Matt at the helm of these investments, the team will have an increased ability to source attractive investment opportunities across the capital stack,” DeGiacinto said. “Matt has continually made significant contributions to Axonic since joining the firm in 2012 and has helped to create a unique, insightful and successful real estate and structured credit offering.”
