Amachie K. Ackah, Managing Partner, Argosy Real Estate
Amachie Ackah is Managing Partner of Argosy Real Estate where he has oversight responsibilities for all investment, strategic, and operational activities of the firm. He is also co-head of the Investment Committee. Mr. Ackah has over 15 years of real estate industry experience as a professional in both real estate investment funds and development companies. He is the Founder and Managing Partner of Argosy Real Estate Partners, which he launched in 2007. Argosy Real Estate Partners is Argosy Capital’s first institutional real estate opportunity fund. The fund’s investment strategy is focused on creating real value at the asset level through redevelopment, development or repositioning, resulting in high margins, low cost-bases and multiple exit strategies throughout the lifecycle of each investment. It primarily invests in joint ventures with local operating partners in high-barrier-to-entry markets throughout the United States. Argosy Real Estate Partners is comprised of assets with estimated pro-rata costs of investments in excess of $200 million. Prior to launching Argosy Real Estate Partners, Mr. Ackah was a Principal responsible for acquisitions and asset management at Lubert-Adler Real Estate LP, a real estate opportunity fund located in Philadelphia. He also served as director of acquisitions and development for the Buccini/Pollin Group Inc., a real estate operating partner that acquires, develops, and manages commercial, lodging, residential, and office properties in the Mid-Atlantic. Mr. Ackah was also an Acquisitions and Asset Management Specialist at The Praedium Group LP (formerly Credit Suisse First Boston’s real estate opportunity fund) and a Financial Analyst at Goldman, Sachs & Co.
Mr. Ackah holds an MBA with dual majors in Finance and Real Estate from the Wharton School of the University of Pennsylvania, where he was a Toigo Fellow and distinguished as a Murphy Fellow by the faculty of the Zell-Lurie Real Estate Center. He also holds a Bachelor of Arts in Classics from Williams College. Amachie is a member of the Urban Land Institute and its National Hotel Development Council. He is also a Research Sponsor of the Zell-Lurie Center of the Wharton School of the University of Pennsylvania as well as a member of the Policy Advisory Board at the Fisher Center for Real Estate & Urban Economics at the Haas School of Business of the University of California Berkeley. Mr. Ackah is on the Board of the Real Estate Executive Council (REEC). He is a member of the Pension Real Estate Association (PREA) and serves on its Conference Committee. Mr. Ackah is also a member of the International Shopping Centers Council (ICSC) and the National Apartment Association. He is also a member of the President’s Council of the Real Estate Roundtable.