Colony Capital, Inc. (NYSE: CLNY) has 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, the company said.
Witt, in his new position, 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.
At Digital Bridge Smithen has been instrumental in the successful capital formation of more than USD 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.
Colony Capital is a global investment management firm with assets under management of USD 49 billion, which includes approximately USD 14 billion of assets under management from Digital Bridge, a global investment manager of digital infrastructure assets including cell towers, small cells, fiber and data centers.