Richard Saltzman
Over a 15 year tenure at Colony, he helped lead the transformation of the firm from a single opportunistic global strategy with approximately $3 billion of assets under management to a more multi-faceted diversified real estate investment manager and owner with approximately $43 billion of assets under management.
Prior to joining the Colony business in 2003, Richard spent 24 years in the investment banking business primarily specializing in real estate-related businesses and investments, concluding that chapter in his career as Managing Director and Vice Chairman of Merrill Lynch's investment banking division. As a member of the investment banking operating committee, he oversaw the firm's global real estate, hospitality and restaurant businesses. Previously, he also served as Chief Operating Officer of Investment Banking and had responsibility for Merrill Lynch's Global Leveraged Finance business. Richard was also responsible for various real estate-related principal investments, including the Zell/Merrill Lynch series of funds, which acquired more than $3.0 billion of commercial real estate assets and where he was a member of the investment committee.
Richard currently serves on the Board of Directors of Kimco Realty Corporation, is Chairman of the Board of Directors of Colony Credit Real Estate, is Chairman of the Board of Trustees of North Star Realty Europe, and serves on the Board of Directors of the I Have A Dream Foundation. Previously, he also served on the Board of Trustees of Colony Starwood Homes, was a member of the Board of Governors of NAREIT, on the board of directors of the Real Estate Roundtable, was a member of the Board of Trustees of the Urban Land Institute, was Treasurer of the Pension Real Estate Association, was a Director of the Association of Foreign Investors in Real Estate and a past Chairman of the Real Estate Capital Policy Advisory Committee of the National Realty Committee.
Richard received his Bachelor of Arts from Swarthmore College in 1977 and a Master of Science in Industrial Administration from Carnegie Mellon University in 1979.