Charles Spetka

Charles Spetka General Information

Biography

Mr. Charles Spetka served as Managing Director at Fortress Investment Group. He is also a principal and member of the Board of Managers of CW Financial Services (CW), serves as the Chief Executive Officer of CW, as President and Chief Executive Officer of CWCapital Investments (CWCI) and as Chief Executive Officer of CWCapital Asset Management (CWCAM). He served as Board Member at doValue. In these capacities, Mr. Spetka provides strategic direction for the business operations of CW and its subsidiaries, leading a distinctive organization within the commercial real estate finance industry that employs approximately 330 employees throughout the United States. Mr. Spetka joined the CW Companies in 2003 and spearheaded the substantial growth of CWCI, now an industry leader in the investment and management of a broad range of commercial real estate debt products with assets under management exceeding $12.6 billion. Mr. Spetka also led the team advising CW's parent company, the Caisse de depot et placement du Quebec (CDP), in the acquisitions of the $1 billion Allied Capital real estate investment platform and the over $300 million CRIIMI MAE mortgage REIT by one of its affiliates. As a direct result of the Allied and CRIIMI MAE transactions, Mr. Spetka led the formation of CWCAM. CW's premier special servicing and asset management platform, CWCAM grew rapidly to be one of the nation's largest special servicers. Prior to joining CWCI, Mr. Spetka spent seven years with GMACCM, where he was a founder and Managing Director of GMAC Institutional Advisors (GIA) and developed the Fund Management Business and CDO platform. Under the supervision of Mr. Spetka, the group was a dominant investor in subordinate CMBS, created three opportunity funds, and issued seven CDOs.