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Monday, November 23, 2020
Mon, Nov 23rd, 2020
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Ressler, Richard — CIM Group. Richard Ressler
Co-Founder and Principal
CIM Group
THE LATEST: Ressler is the chair of CIM's Executive, Investment, Allocation and Real Assets Management committees. He also serves on the firm's Credit Committee. CIM Group has a portfolio of roughly $30 billion of real estate and has led a total of $60 billion worth of projects.
BACKGROUND: Ressler co-founded CIM Group with Shaul Kuba and Avi Shemesh in 1994. Prior to CIM, he founded the investment firm Orchard Capital Corp. in 1993. Ressler was vice chairman at Brooke Group Ltd., an investment banker at Drexel Burnham Lambert Inc. and an attorney at Cravath Swaine & Moore. He serves on the boards of CIM Commercial Trust Corp. and J2 Global Inc. In 2016, Ressler helped launch OCV Management, a venture fund that raised approximately $260 million. He has a BA from Brown University and a JD and MBA from Columbia University.
YEARS ON THE LA500: 5
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