Earlier this month, Hines unveiled the Hines Private Wealth Solutions platform, marking a significant milestone in the firm’s 20-year history of offering real estate investment opportunities to private wealth investors. With nearly $11 billion raised by the end of 2023, the launch represents a strategic shift rather than a mere introduction, as Paul Ferraro—hired from The Carlyle Group to head the initiative—seeks to expand Hines’ reach into new markets and distribution channels.
In a recent interview with WealthManagement.com, Ferraro shared insights into his role and the firm’s growth trajectory. Reflecting on his successful stint at Carlyle, where he spearheaded a thriving private wealth division, Ferraro outlined plans to leverage Hines’ global real estate expertise to develop bespoke investment products for high-net-worth individuals worldwide.
Despite recent market challenges, Ferraro remains optimistic about the real estate sector’s resilience and growth potential, urging financial advisors to consider the historical performance and cyclical nature of real estate investments. Positioned as a trusted partner with a diverse portfolio spanning decades, Hines aims to equip advisors with the knowledge and tools needed to navigate the evolving investment landscape.
As Hines continues to redefine private wealth solutions, Ferraro’s emphasis on strategic partnerships, educational initiatives, and product innovation underscores the firm’s commitment to delivering value-driven opportunities tailored to the changing needs of investors. With a seasoned team and a rich legacy in real estate management, Hines is well-positioned to lead the way in shaping the future of private wealth investment.
