Indianapolis-based Buckingham, a national real estate development and investment company, has added Benjamin Young as chief information officer and managing director effective April 3.
Young will head Buckingham’s asset management and investment division as the company grows and leverages its successes in institutional capital raising, client engagement and investment performance to build an industry-leading institutional real estate investment platform. Buckingham is an award-winning developer, owner, manager and investor in multifamily and urban mixed-use real estate across the United States with a focus on Midwest and Sunbelt markets.
Young has been a prominent real estate private equity investor and asset manager for more than three decades. Most recently, he was a Managing Director at Blackrock in New York for nine years and a senior member of the $100 billion Real Assets Group. As Head of Blackrock’s U.S. Real Estate Private Equity business, he was responsible for the growth and management of $11 billion in investments ranging across core, value-add and opportunistic investments, and raised the firm’s first closed-end, value-add fund.
Prior to Blackrock, Young was at Strategic Value Partners, a $17 billion private equity and hedge fund focused on distressed debt and private equity. As Managing Director, he was a senior member responsible for overseeing the global real estate group’s investments in North America, Western Europe and Japan.
Previously, at Deutsche Bank/Bankers Trust, he was Global Portfolio Manager – Global Real Estate Private Equity Group, responsible for $7 billion of gross real estate assets and capital raising. He began his career at Kidder, Peabody & Co. as a Financial Analyst – Real Estate Group.
Young holds an MBA in Finance from Columbia Business School, Columbia University, and a B.S. Degree in Economics, with a dual major in Finance and Real Estate from the Wharton School, University of Pennsylvania. He is a visiting lecturer in the real estate department at the University of Michigan.