Baring Private Equity Asia
Managing Director & Head of Real Estate
Mark Fogle, Managing Director & Head of Real Estate, joined BPEA in 2011 to spearhead the Firm’s move into the real estate sector. From 2006 to 2010, he served as Managing Director and Chief Investment Officer in Asia at RREEF, the alternative investment and asset management arm of Deutsche Bank, and was responsible for overseeing real estate investments in the Region. As CIO and a research-focused investor, he was instrumental in disposition of a large portion of RREEF’s real estate exposure in Asia, while at the same time tightening the firm’s investment process and underwriting criteria as the Asian real estate markets became overheated in 2007 and 2008. As such, RREEF was one of the more successful investors in Asia during the period of Mr. Fogle’s tenure.
From 1997 to 2006, Mr. Fogle was a Managing Director at AIG Global Real Estate, where he grew the Asian business from a small lending operation into one of the largest real estate debt and equity players in Asia, investing capital on behalf of AIG’s clients through managed funds as well as placing proprietary funds of AIG’s affiliates into core, value-add and high-yield/opportunistic assets. He initiated AIG’s program to invest in distressed debt, underperforming assets and structuring joint ventures with Asian property companies to acquire and develop undervalued sites.
During his 25-year career in Asia Pacific region, Mr. Fogle has been involved in over 90 debt and equity investments with a transaction value exceeding US$22 billion. He is a member of Urban Land Institute and was a founding Board member of Asian Association for Investors in Non-Listed Real Estate Vehicles (ANREV).