CIM Group Inc.

10/02/2024 | Press release | Distributed by Public on 10/02/2024 10:23

CIM Group Grows Infrastructure Team with Addition of Michael Turner as Managing Director, Investments

CIM Group Grows Infrastructure Team with Addition of Michael Turner as Managing Director, Investments

10/2/2024

LOS ANGELES - October 2, 2024 - CIM Group announced today that it has welcomed Michael Turner to its infrastructure team in the position of Managing Director, Investments.

Michael Turner brings 16 years of experience working in all aspects of infrastructure investing including a strong background in transportation and logistics. He joins as CIM Group is expanding its infrastructure investment platform, with plans to invest heavily in growing its infrastructure team to support the company's advancement in this burgeoning sector.

"CIM Group has long focused on finding solutions to meet the needs of communities through its robust infrastructure platform, including digital infrastructure, renewable energy, transportation, social infrastructure and waste and water management," said Jennifer Gandin, Co-Head of CIM Group's Infrastructure Investments team. "We believe there are tremendous opportunities in North America and we will continue to invest in infrastructure projects to support the growth of communities as we have for the last 17 years."

Prior to joining CIM Group, Mr. Turner served as Managing Director, BAES Infrastructure at Buckeye Partners L.P. During his tenure, he served on the board of Swift Current Energy LLC.

Mr. Turner also held the position of Managing Director at Stonepeak Infrastructure Partners where he grew his experience in the transportation sector. He also served as Senior Vice President at Macquarie Group where he was an active contributor to sourcing and executing transactions and managing assets.

"CIM Group has an impressive infrastructure program with significant investments in clean energy and data center assets and businesses throughout North America," noted Turner. "I look forward to supporting the continued growth of the company's infrastructure investments."

About CIM Group

CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. Since 1994, CIM has sought to create value in projects and positively impact the lives of people in communities across the Americas by delivering more than $60 billion of essential real estate and infrastructure projects. CIM's diverse team of experts applies its broad knowledge and disciplined approach through hands-on management of real assets from due diligence to operations through disposition. CIM strives to make a meaningful difference in the world by executing key environmental, social and governance (ESG) initiatives and enhancing each community in which it invests. For more information, visit www.cimgroup.com.

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