D2 ASSET MANAGEMENT APPOINTS FORMER FREDDIE MAC CEO DAVID BRICKMAN AS PRESIDENT OF RESIDENTIAL REAL ESTATE

Strategic Hire Builds on D2's $1 Billion Launch and Partnership with Koch Real Estate Investments

DALLAS, Feb. 6, 2025 /PRNewswire/ -- D2 Asset Management, LP ("D2") today announced that David Brickman, former CEO of Freddie Mac and NewPoint Real Estate Capital, has joined the firm as President of Residential Real Estate.

The appointment significantly advances D2's expansion in the residential real estate sector – a key part of the firm's broader investment strategy. The residential investment business covers both the multifamily and single-family markets, and will pursue a mix of direct lending, platform investing and asset-based finance designed to increase access to affordable, quality housing.

"David joining D2 is a transformative milestone for the firm," said Ben and Luke Doramus, Co-Founders and Managing Partners of D2. "We're honored to have a leader of David's exceptional caliber and experience on board to accelerate our ambitions across residential real estate."

Brickman brings decades of finance and investment experience across residential real estate. He most recently served as founding CEO of NewPoint Real Estate Capital, a real estate finance company focused on the multifamily, residential, and healthcare markets, and one of the fastest growing commercial real estate finance firms in the U.S., from 2021 to 2024. Prior to NewPoint, Brickman was CEO of Freddie Mac, one of the nation's largest providers of mortgage financing, where he spent over 21 years. For the majority of his tenure, he served as head of Freddie Mac Multifamily, presiding over a period of remarkable growth and significant product innovation. Most notably, he oversaw creation of the flagship K-Deal securitization program (and related products), which has become one of the top-performing structured finance products in the market with over $600 billion of issuance to-date. Throughout this growth, Brickman also maintained a focus on affordable and workforce housing initiatives.

"I am incredibly excited to join D2 at this pivotal moment," said Brickman. "Our goal is to drive innovation in the multifamily and residential finance markets, serving the changing needs of owners, renters, homeowners, and investors alike. Having spent most of my career in housing finance and capital markets, I look forward to leveraging D2's strong foundation to develop new products and partnerships. Today's market environment, with the confluence of various economic, structural and policy factors, presents compelling opportunities and may very well represent a significant inflection point in terms of market evolution."

About D2 Asset Management
D2 Asset Management is a global investment firm that invests across the capital structure in asset-based opportunities. Founded by Ben and Luke Doramus, the Dallas, Texas-based firm provides structured solutions in private markets and invests opportunistically in liquid markets. D2 provides innovative and flexible capital solutions across industries, markets, and cycles, with a focus on delivering consistent, attractive risk-adjusted returns. 

About Koch Real Estate Investments (KREI)
Koch Real Estate Investments (KREI), based in Dallas, Texas, focuses its efforts on attractive risk-adjusted capital deployment into real estate assets and operating companies with an agnostic approach to product, geography, and capital position. KREI has an acute focus on best-in-class management teams and flexible capital solutions which align interests to drive mutual benefit with its partners. Since 2003, Koch companies have invested more than $168 billion in growth and improvements. With a presence in more than 50 countries, Koch employs about 120,000 people worldwide, with nearly half of those in the United States. For more news and information, visit www.kochinc.com. 

For more information, please contact:

D2 Asset Management, LP
D2 Investor Relations
[email protected]

Media:
Daniel Yunger / Wendi Kopsick
Kekst CNC
[email protected] / [email protected] 

SOURCE D2 Asset Management