olafson-departs-lehman-for-arcapita

Olafson departs Lehman for Arcapita

Arcapita appoints Lehman senior vice-president Blake Olafson, who is confident that value can still be found in the region, to build its real estate portfolio in Asia.
October 20, 2008
Bahrain-headquartered investment firm Arcapita Bank has hired Blake Olafson from Lehman Brothers as director for its Singapore office.

Olafson brings to Arcapita more than 15 years of experience in Asia real estate. He was most recently senior vice-president in Lehman BrothersÆ global real estate group and spent eight years building and managing a portfolio of real estate principal investments in Southeast Asia on behalf of the US investment bank.

At Arcapita, Olafson will focus on building a portfolio of real estate investments in the Asia-Pacific region, including Japan and Australia.

Arcapita only invests in assets that are shari'ah compliant, explains Olafson in an exclusive interview with FinanceAsia, and prefers to take majority stakes...
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