Chief Executive Officer, Partner and Member of the Investment Committee
With more than 25 years of opportunistic real estate investment experience, Mr. Daniel Neidich is one of the pioneers who helped define and develop this market. He has built and led investment teams managing institutional real estate private equity funds beginning with the first Goldman Sachs Whitehall fund in 1991.
Prior to founding Dune in 2004, Mr. Neidich spent 25 years at Goldman Sachs where he was a member of the firm's Management Committee, Vice Chairman's Council, co-head of the Merchant Banking Division and Chairman of the Whitehall Investment Committee. In these roles, Mr. Neidich managed teams of professionals, fostered talent and developed a successful institutional culture in a dynamic investing market. Mr. Neidich joined Goldman Sachs in 1978 in the Real Estate Banking Department, where he worked on a broad range of investment banking activities for Goldman Sachs' corporate and real estate clients. In 1984, Mr. Neidich became a partner of Goldman Sachs and, in 1990, he became head of Goldman Sachs' Real Estate Department. In 1992, Mr. Neidich formed the Real Estate Principal Investment Area, in 1998 he became co-head of the Merchant Banking Division, in 1999 he joined the firm's Management Committee and in 2000 he joined the firm's Vice Chairman's Council.
In 1991, under Mr. Neidich's direction, Goldman Sachs raised the first Whitehall fund to invest in real estate opportunities. Under his leadership, the Whitehall Funds raised over $12 billion of total equity and purchased over $50 billion of real estate interests worldwide.
Mr. Neidich has held leadership positions in industry organizations for decades. He is a Trustee of the Urban Land Institute, a multidisciplinary real estate forum that facilitates an open exchange of ideas, information, and experience among industry leaders and policy makers. He is the former Chairman of the International Advisory Board of the Real Estate Academic Initiative at Harvard University and a member of Columbia Business School's MBA Real Estate Program Advisory Board. Mr. Neidich is a former Chairman of the Real Estate Roundtable and a former Trustee of the International Council of Shopping Centers as well as a former member of the Board of Governors of the Real Estate Board of New York, the International Advisory Board of Eurohypo AG and the Board of Directors of General American Investors Company, Inc. Through leadership roles and involvement with these industry organizations, Mr. Neidich has developed a network of key relationships with leading global institutions and other market participants that spans the real estate capital markets and property markets across multiple geographies.
Mr. Neidich serves on the boards of Prep for Prep (where he is a member of the Executive Committee) and The Child Mind Institute (where he is a member of the Audit and Finance Committee). He is a member of The Hotchkiss School's Investment Committee and is a former member of the Board of Governors of The Nature Conservancy and the Museum of Modern Art. Mr. Neidich received an M.B.A. from Stanford University Graduate School of Business in 1974 and a B.A. from Yale University in 1972.