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Managing Partner

As Managing Partner of Third Point Real Estate Strategies LLC, and a member of the Third Point LLC Executive Committee, Frank Scavone oversees all aspects of the CRE Credit platform operations including investment and asset management, portfolio construction, investor relations and marketing, cash management, treasury, performance reporting and risk management. Mr. Scavone is responsible for setting operating protocols, team compensation, governance structures, is the chair of the Investment and Valuation Committees and he is a LP in the Fund.

Mr. Scavone also oversees certain commercial real estate related investment properties on behalf of Third Point LLC and serves as the Chairman of Playa Grande Golf and Ocean Club in the Dominican Republic.

Previously, Mr. Scavone served first as COO and then as the President and COO of CBRE Capital Partners from 2008–2014, the debt platform of CBRE’s investment management arm, CBRE Global Investors. Under Mr. Scavone’s leadership, the CBRE Capital Partners platform consisted of both open- and closed-ended fund vehicles with aggregate capital commitments totaling over $900 million. These funds were generally geared towards either lower risk profile mezzanine investments and/or special situations risk profile investments.

At CBRE, Mr. Scavone oversaw an investor base which included pension funds, insurance companies, funds of funds and sovereign wealth funds and served on the CBRE Global Investors Americas Operating Board and the Global Leadership Team. Mr. Scavone later served through September 2014 as a Senior Advisor to CBRE in connection with the disposition of all but one asset in the Capital Partners portfolios, which included Freddie Mac K Series, CMBS B-Pieces, newly originated and acquired distressed debt positions.

Mr. Scavone holds an MBA from the UCLA Anderson School of Management and a BS in Biology from Adelphi University.

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