Practical analysis for investment professionals

Mitchell Bollinger, CFA

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Mitchell Bollinger, CFA, most recently was the head of research at Courtland Partners, a real asset consulting firm located in Cleveland, Ohio, with $65B in assets under advisement. While he was at Courtland, Bollinger’s client was Vanguard for whom he wrote and presented a report which detailed the relationship between traded real estate investment trusts (REITs) and non-traded real estate in terms of how to consider private real estate in a diversified portfolio of traded assets, how to measure the risk and risk adjusted returns of private real estate in comparison to traded REITs, and suggested a private real estate fund structure that likely would complement a portfolio of traded assets for Vanguard clients. Prior to Courtland, Bollinger founded a firm that managed a fund which invested in traded REITs based upon his proprietary research. He was previously an asset manager for KBS Realty Advisors in Atlanta for five years where he oversaw a portfolio that averaged 15 properties and had an aggregate value of over $1B for five years. After graduate school, Bollinger worked in the CMBS industry in New York City where his clients included Merrill Lynch and Bear Stearns. Bollinger holds a BS in industrial engineering from Virginia Tech and an MBA from Vanderbilt University. He is both a CFA charterholder and a CAIA charterholder.

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