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Billion-dollar real estate investment firm names new CFO

Darren Martin recently moved to Southwest Florida from Pittsburgh.


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Darren Martin, a veteran financial executive with more than 30 years of accounting, tax and financial reporting experience, has been named CFO of Halstatt. The Naples-based family-owned investment firm has been responsible for the deployment of more than $1 billion in real estate assets across the Southeast over the last 10 years. 

Martian, who recently moved to Naples from Pittsburgh, will be responsible for Halstatt’s financial management activities including external reporting, internal analysis and tax matters, according to a statement. He will also assist the real estate private equity team with the execution and management of limited partner fund structures and be responsible for the oversight of the funds’ third-party administrator and other professional service providers, the release adds.In addition, he will be directly responsible for the budgeting, financial reporting and valuation of all Halstatt entities and companies.

Halstatt CEO Katie Sproul, in the statement, says the company is "thrilled to have someone of Darren’s caliber and expertise help us continue to grow."

"As a nimble team, it is a huge benefit to have someone with such an array of experience from working as CFO of a large alternative asset manager, to family offices, to leading a team at Goldman Sachs,"she adds. 

Martian began his career working at independent accounting firms, Ernst & Young and BDO Dunwoody, in the audit field. At Goldman Sachs, he managed the investment giant's fund administration business in the Cayman Islands, helping to grow the business into a multi-office platform serving many large multi-billion-dollar hedge funds across various locations. Other career stops include CFO of Duquesne Capital Management, a multi-billion global macro hedge fund which he helped convert into a family office in 2010, and CFO of a multi-strategy alternative asset manager, where he helped design and implement the financial, operational, compliance and administrative infrastructure of the firm through launch and growth to assets of over $200 million.

Halstatt is the investment firm for the Sproul family of Naples, descendants of Barron G. Collier, the namesake of Collier County. Halstatt and its network of affiliated firms manage capital across a broad range of asset classes as well as that of a number of family office and institutional investors.

 

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