Chicago’s CA Ventures names CIO

Chicago’s CA Ventures has hired Nishant Bakaya as chief investment officer. In his new role, Bakaya will lead CA Ventures’ investment management team.

Bakaya joins CA Ventures from Evercore Partners, where he was co-head of real estate private capital. Before that, he worked at UBS Investment Bank and JP Morgan. During the course of his career, Bakaya has been involved in more than $100 billion of real estate transactions across the senior housing, student housing, hospitality, multifamily and retail asset classes.

Bakaya most recently advised CA Ventures on its $660 million joint venture with QuadReal Property Group and GI Partners to acquire, develop and manage student housing properties at select universities throughout the United States.