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Fengate announces three leadership appointments

DCN-JOC News Services
Fengate announces three leadership appointments

TORONTO — Fengate Asset Management has announced three leadership appointments to the firm’s real estate business.

Jaime McKenna has been named president, Fengate Real Estate; Alison Kimmell has joined the firm as managing director, development and portfolio management, real estate; and Colin Catherwood has been named managing director, investments, real estate.

Fengate has more than $8 billion of capital commitments under management, focused on infrastructure and private equity, stated a recent release, with projects frequently undertaken with LIUNA.

“Congratulations to Jaime on her well-deserved appointment as president of our real estate business. Since joining Fengate in 2019, her leadership has resulted in remarkable growth for Fengate Real Estate’s investments, developments and asset management on behalf of our investors,” said Fengate CEO Lou Serafini Jr. in a statement. “With Alison and Colin onboard in their senior roles alongside Jaime and the entire Fengate Real Estate team, I know there will be continued momentum and excellence.”

The group’s pipeline now includes over 25,000 residential homes and five million square feet of industrial space in various stages of development.

Kimmell joins Fengate from Hines Toronto, where she led the development of CIBC Square, a three-million-square-foot office complex in downtown Toronto, which includes the Union Station Bus Terminal and a one-acre elevated park that spans over the railway. She also secured the 1.8-million-square-foot anchor tenant lease with CIBC and raised over $2 billion in capital across limited partner equity, construction financing and permanent financing across both phases of the project.

Prior to joining Fengate, Catherwood held senior investment leadership roles at Graywood, Welltower and Brookfield Financial.

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