Cedar Funds Stuart Koenig

Stuart Koenig

Former Senior Partner and COO (Retired), Ares Management

Mr. Koenig was a Senior Partner and COO of Ares’ $10 billion Real Estate Division. Mr. Koenig serves on Ares’ Real Estate Executive Committee and is the Chairman of Ares’ Real Estate Group's U.S. Equity, Europe/India Equity, and Real Estate Debt Investment Committees. He is also a member of the firm-wide Risk Committee. Mr. Koenig joined Ares in July 2013 from Area Property Partners (formerly Apollo Real Estate Advisors), where he was the CFO, CAO and Senior Partner from 1995 to 2013. Before its sale to Ares, Area was a $6 billion AUM highly successful real estate private equity firm offering closed and open-ended investment funds. Mr. Koenig’s functional responsibility covered Finance, audit, tax compliance and tax structuring.  He helped scale the business to accommodate the growth of the firm from $500MM to $6BB of AUM including its expansion to Europe.  Mr. Koenig participated in significant transactions notable of which is the $1.3BB construction loan for the development of the Time Warner Center in NYC. He served on all Fund investment committees focused on ensuring both appropriate risk reward parameters were addressed and fiduciary obligations to investors were satisfied.

 

Mr. Koenig serves as Lead Independent Director for Emeritus Corporation and Treasurer of a condo board in New York. Mr. Koenig graduated from Binghamton University with a B.A. in English and holds an M.B.A. in accounting from Baruch College.