Stonehenge Partners names Dansereau managing director

Richard Dansereau
Richard Dansereau, the nine-year president and COO of the real estate division at Canada’s leading pension fund manager, has signed on to serve as managing director of New York City-based Stonehenge Partners’ investment management division.

Dansereau will work with Stonehenge’s institutional and private investors, according to a statement from Stonehenge, which owns more than $1.5 billion in properties, mostly residential buildings in Manhattan.

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Dansereau began his career as a broker, and Stonehenge co-owners Ofer Yardeni and Joel Seiden said that his background makes him uniquely suited for the firm. “Richard’s appointment underscores our firm’s commitment to developing strong relationships with our investment partners,” Yardeni and Seiden said.

Prior to accepting the Stonehenge job, Dansereau managed a real estate portfolio worth $9.5 billion as chief operating officer of Cadim, a real estate division of Caisse de dépôt et placement du Québec.