Starlight Investments Ltd. Strengthens Senior Management Team with Addition of Global Head of Private Capital & Partnerships

TORONTO, July 18, 2016 /CNW/ - Starlight Investments Ltd. ("Starlight") is pleased to announce the appointment of Raj Mehta as Global Head, Private Capital & Partnerships. Mr. Mehta has spent over 20 years in the financial services sector and has been recognized as a leader in capital markets, mergers & acquisitions and private equity transactions involving global institutional investors. Mr. Mehta's background is ideally suited to help grow assets under management and expand Starlight's asset management platform across North America in the multi-family and commercial real estate sectors.

Mr. Mehta has spent the last 12 years with Goldman Sachs International in London, England. In his most recent role, Mr. Mehta led the firm's investment banking efforts with sovereign wealth and pension fund clients and previously co-led the private equity group within Goldman Sachs' European Capital Markets platform. Prior to Goldman Sachs, Mr. Mehta held senior leadership roles at 724 Solutions Inc. and Deloitte Consulting where he was based in Toronto, New York and London. Mr. Mehta holds an International Master of Business Administration from the Schulich School of Business at York University.

"We are extremely pleased to be adding such a high caliber, experienced individual to the Starlight executive team in order to continue to execute on our business plan and accelerate the growth of our asset management platform through global institutional co-investments," explained Daniel Drimmer, the President and Chief Executive Officer at Starlight.

About Starlight Investments Ltd.

Starlight Investments Ltd. is a Toronto-based privately held, full service, real estate investment and asset management company that is driven by an experienced team comprised of more than 110 professionals. Starlight currently manages $6 billion of multi-residential and commercial properties for joint venture partnerships with institutional investors, Northview Apartment REIT, True North Commercial REIT, Starlight U.S. Multi Family Core Funds and for private investors. Starlight's portfolio consists of approximately 32,500 multi-residential units across Canada and the United States and over 2.4 million square feet of commercial properties.

SOURCE Starlight Investments Ltd.

For further information: To learn more about Starlight, visit www.starlightinvest.com or contact: Daniel Drimmer, President and Chief Executive Officer, 416-234-8444, ddrimmer@starlightinvest.com

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Starlight Investments Ltd.

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