Devin I. Murphy

President
Devin Murphy was named President of Phillips Edison & Company, a real estate investment trust that is an owner and operator of grocery anchored shopping centers with a total enterprise value of $7 Billion, in August of 2019. Prior to joining Phillips Edison in 2013, Mr. Murphy was Vice Chairman of Investment Banking at Morgan Stanley. Mr. Murphy began his real estate career in 1986 as an associate in Morgan Stanley’s real estate group.  He held a number of senior positions with Morgan Stanley, including co-head of U.S. real estate investment banking and head of the private capital markets group (“PCM”), the Morgan Stanley team responsible for raising equity capital for Morgan Stanley’s real estate private equity funds as well as private equity capital on behalf of clients. During the time that Mr. Murphy ran PCM, the team raised in excess of $5 billion of equity capital. Mr. Murphy served on the investment committee of the Morgan Stanley Real Estate Funds from 1994 until his departure in 2004. During his tenure on the investment committee, the Morgan Stanley Real Estate Funds invested over $6.5 billion of equity capital globally in transactions with a total transaction value in excess of $35 billion. In 2004, Mr. Murphy joined Deutsche Bank Securities, Inc. as global head of real estate investment banking where he ran a team of over 100 professionals located in eight offices in the U.S., Europe, and Asia. Mr. Murphy’s Deutsche Bank team was recognized as an industry leader and under his management executed over 500 separate transactions on behalf of clients representing total transaction volume exceeding $400 billion.  In 2008, Mr. Murphy took on the role of managing partner of Coventry Real Estate Advisors, a real estate private equity firm which sponsors institutional investment funds that acquire and develop retail properties. Since its inception, Coventry had invested over $2.5 billion in retail assets.  Mr. Murphy rejoined Morgan Stanley in 2009 as Vice Chairman of investment banking, where he remained until joining Phillips Edison as Chief Financial Officer.  Mr. Murphy is an independent director and member of the audit committee of CoreCivic, a New York Stock Exchange listed REIT that is the nation’s leading provider of high quality corrections facilities.  He is an advisory director of Hawkeye Partners, a real estate private equity firm headquartered in Austin, Texas, and of Trigate Capital, a real estate private equity firm headquartered in Dallas, Texas. Mr. Murphy is also on the advisory board for the University of Michigan’s Ross School of Business Real Estate Fund.  Mr. Murphy is a member of the Urban Land Institute, the Pension Real Estate Association and the National Association of Real Estate Investment Trusts (“NAREIT”). He received a bachelor of arts with Honors from the College of William and Mary and a master of business administration from the University of Michigan.
Devin I.  Murphy Team Bio Image
Devin I. Murphy
President
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Devin Murphy was named President of Phillips Edison & Company, a real estate investment trust that is an owner and operator of grocery anchored shopping centers with a total enterprise value of $7 Billion, in August of 2019. Prior to joining Phillips Edison in 2013, Mr. Murphy was Vice Chairman of Investment Banking at Morgan Stanley. Mr. Murphy began his real estate career in 1986 as an associate in Morgan Stanley’s real estate group.  He held a number of senior positions with Morgan Stanley, including co-head of U.S. real estate investment banking and head of the private capital markets group (“PCM”), the Morgan Stanley team responsible for raising equity capital for Morgan Stanley’s real estate private equity funds as well as private equity capital on behalf of clients. During the time that Mr. Murphy ran PCM, the team raised in excess of $5 billion of equity capital. Mr. Murphy served on the investment committee of the Morgan Stanley Real Estate Funds from 1994 until his departure in 2004. During his tenure on the investment committee, the Morgan Stanley Real Estate Funds invested over $6.5 billion of equity capital globally in transactions with a total transaction value in excess of $35 billion. In 2004, Mr. Murphy joined Deutsche Bank Securities, Inc. as global head of real estate investment banking where he ran a team of over 100 professionals located in eight offices in the U.S., Europe, and Asia. Mr. Murphy’s Deutsche Bank team was recognized as an industry leader and under his management executed over 500 separate transactions on behalf of clients representing total transaction volume exceeding $400 billion.  In 2008, Mr. Murphy took on the role of managing partner of Coventry Real Estate Advisors, a real estate private equity firm which sponsors institutional investment funds that acquire and develop retail properties. Since its inception, Coventry had invested over $2.5 billion in retail assets.  Mr. Murphy rejoined Morgan Stanley in 2009 as Vice Chairman of investment banking, where he remained until joining Phillips Edison as Chief Financial Officer.  Mr. Murphy is an independent director and member of the audit committee of CoreCivic, a New York Stock Exchange listed REIT that is the nation’s leading provider of high quality corrections facilities.  He is an advisory director of Hawkeye Partners, a real estate private equity firm headquartered in Austin, Texas, and of Trigate Capital, a real estate private equity firm headquartered in Dallas, Texas. Mr. Murphy is also on the advisory board for the University of Michigan’s Ross School of Business Real Estate Fund.  Mr. Murphy is a member of the Urban Land Institute, the Pension Real Estate Association and the National Association of Real Estate Investment Trusts (“NAREIT”). He received a bachelor of arts with Honors from the College of William and Mary and a master of business administration from the University of Michigan.
Devin I. Murphy Team Bio Image
Devin I. Murphy
President
LINKEDIN PAGE >
Devin Murphy was named President of Phillips Edison & Company, a real estate investment trust that is an owner and operator of grocery anchored shopping centers with a total enterprise value of $7 Billion, in August of 2019. Prior to joining Phillips Edison in 2013, Mr. Murphy was Vice Chairman of Investment Banking at Morgan Stanley. Mr. Murphy began his real estate career in 1986 as an associate in Morgan Stanley’s real estate group.  He held a number of senior positions with Morgan Stanley, including co-head of U.S. real estate investment banking and head of the private capital markets group (“PCM”), the Morgan Stanley team responsible for raising equity capital for Morgan Stanley’s real estate private equity funds as well as private equity capital on behalf of clients. During the time that Mr. Murphy ran PCM, the team raised in excess of $5 billion of equity capital. Mr. Murphy served on the investment committee of the Morgan Stanley Real Estate Funds from 1994 until his departure in 2004. During his tenure on the investment committee, the Morgan Stanley Real Estate Funds invested over $6.5 billion of equity capital globally in transactions with a total transaction value in excess of $35 billion. In 2004, Mr. Murphy joined Deutsche Bank Securities, Inc. as global head of real estate investment banking where he ran a team of over 100 professionals located in eight offices in the U.S., Europe, and Asia. Mr. Murphy’s Deutsche Bank team was recognized as an industry leader and under his management executed over 500 separate transactions on behalf of clients representing total transaction volume exceeding $400 billion.  In 2008, Mr. Murphy took on the role of managing partner of Coventry Real Estate Advisors, a real estate private equity firm which sponsors institutional investment funds that acquire and develop retail properties. Since its inception, Coventry had invested over $2.5 billion in retail assets.  Mr. Murphy rejoined Morgan Stanley in 2009 as Vice Chairman of investment banking, where he remained until joining Phillips Edison as Chief Financial Officer.  Mr. Murphy is an independent director and member of the audit committee of CoreCivic, a New York Stock Exchange listed REIT that is the nation’s leading provider of high quality corrections facilities.  He is an advisory director of Hawkeye Partners, a real estate private equity firm headquartered in Austin, Texas, and of Trigate Capital, a real estate private equity firm headquartered in Dallas, Texas. Mr. Murphy is also on the advisory board for the University of Michigan’s Ross School of Business Real Estate Fund.  Mr. Murphy is a member of the Urban Land Institute, the Pension Real Estate Association and the National Association of Real Estate Investment Trusts (“NAREIT”). He received a bachelor of arts with Honors from the College of William and Mary and a master of business administration from the University of Michigan.
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