Miami-based Gencom, an investment firm with nearly $8 billion in assets under management and 24 owned hotel assets worldwide, has restructured itself into two divisions — Gencom Capital and Gencom Real Estate — and reshuffled its leadership to what it calls its next phase of growth as a global real estate investment and hospitality platform.

The firm announced the changes in a Monday news release. Chief Investment Officer Alessandro Colantonio will lead Gencom Capital, the investment side of the business. Donald McGregor was promoted to president of Gencom Real Estate, which covers development, construction and asset management.

Founder and CEO Karim Alibhai retains overall control, overseeing both divisions and setting long-term strategy, investment philosophy and growth initiatives.

Who runs each division?

Colantonio's remit at Gencom Capital spans investment strategy, acquisitions, capital formation and allocation, capital markets, portfolio management and investor relations across the firm's equity and debt platforms.

Gencom promoted three long-tenured executives to support him:

• Ignasi Puig, managing director of acquisitions and investments
• Peter Trujillo, managing director of corporate investments
• Blythe Pierre-Louis, managing director of special situations

At Gencom Real Estate, McGregor is tasked, in the firm's words, with "ensuring disciplined delivery from acquisition through stabilization and exit, while creating long-term value across the portfolio." Shaun Johnston was promoted to head of portfolio finance and accounting, and Jake Lynch joined as senior vice president of asset management.

Alibhai framed the appointments as an investment-operations decision rather than cosmetic churn. "The strength of any investment platform ultimately comes down to the quality of its people and the clarity of its leadership," he said in a statement, adding that the announcement "positions Gencom to continue growing while remaining disciplined, entrepreneurial, and focused on creating long-term value for our investors, partners, and guests."

Why restructure now?

The reorganization follows a run of large-scale acquisitions that expanded the firm's owned portfolio. In February, Gencom acquired The Ritz-Carlton New York, Central Park in Midtown Manhattan. It also bought Thompson Central Park and the InterContinental New York Times Square.

After the February deal, Colantonio said the firm was bullish on further luxury hotel investment in New York, Miami, San Francisco and Washington, D.C. — a target list sellers and DMOs in those gateway markets should read as a pipeline signal rather than a promise.

The company's claims of growth positioning rest on measured scale: nearly $8 billion in AUM, 24 owned assets in operation or under development, more than 6,000 hotel rooms, and a luxury portfolio spanning The Ritz-Carlton, Rosewood and Auberge Resorts Collection. Gencom did not disclose revenue or return figures tied to the new structure, and the "next phase of growth" framing remains a projection rather than a reported result.

With capital-raising and asset execution now split into dedicated divisions, Gencom has built the organizational capacity to pursue more acquisitions while managing its expanding owned portfolio — a structure the firm says will support disciplined growth across its equity and debt platforms.