–Colony Capital Appoints Andrew Witt as Chief Operating Officer of Colony Global Credit, and Kevin Smithen as Global Head of Strategy and Capital Formation
Colony Capital, Inc. announced two recent appointments: Andrew Witt, Managing Director, has been promoted to the new position of Chief Operating Officer of Global Credit at Colony, and Kevin Smithen, Managing Director and Head of Strategy at Digital Bridge and Digital Colony, has been promoted to Managing Director, Global Head of Strategy and Capital Formation at Colony.
Mr. Witt joined Colony in 2007 and has played an important role in building Colony’s credit business, managing real estate-related product development, investor relations and marketing private offerings globally. In his new position, he will lead Colony’s credit business managing the operational and investment-related aspects of both private and public credit at Colony Credit Real Estate, Inc. (“CLNC”), as well as at Colony. Mr. Witt will continue to serve on the credit committee and investment committee for CLNC. He was previously an Executive Vice President of Colony American Homes where he was responsible for overseeing investments in single family residential property which culminated in the acquisition of nearly 20,000 homes.
At Digital Bridge Mr. Smithen has been instrumental in the successful capital formation of more than $10 billion of fund equity and co-investment capital from some of the world’s most sophisticated limited partners and investment institutions. He will now assume an expanded role at Colony in the implementation of the firm’s digital Colony 2.0 strategy to build an industry-leading platform for digital real estate and infrastructure, and will lead institutional capital formation across Colony’s $49 billion AUM global investment management business. Mr. Smithen will maintain his responsibilities for the Digital Colony Partners fund, including the sourcing of unique and proprietary deals and co-investment opportunities. He has led proprietary deal sourcing of fiber and data center deals in Canada and Latin America, and has more than 25 years of experience in global communications services and infrastructure sectors.
Thomas J. Barrack, Jr., CEO and Founder of Colony Capital, said, “Colony’s senior management team has been further enhanced by our acquisition of Digital Bridge. We are pleased to recognize Andy and Kevin and allow these talented executives to take on greater responsibility for the benefit of our shareholders.”
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