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NEW YORK CITY-With the aim of deepening its real estate bench, Macquarie Capital, the corporate advisory and capital markets arm of Macquarie Group, has hired Rob Lester as a managing director. Based in New York City, Lester will partner with Macquarie veteran Eric C. Wurtzebach, also a managing director, to jointly lead the real estate group’s efforts in the Americas.

Nick Butcher, head of North American infrastructure, US real estate and US resources for Macquarie Capital, says the hiring of Lester represents “a significant expansion of our global real estate group and representative of our ongoing efforts to increase our presence in the Americas.” He says Lester’s “excellent experience and industry relationships will contribute significantly to our global real estate practice, which has raised $40 billion in private equity commitments since 2003.”

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