Meet our team
Richard G. Leibovitch
Richard G. Leibovitch
Richard is the co-founder and managing partner of Arel Capital, where he oversees the firm’s investment activities. He brings more than 40 years of institutional investment experience, with a career that spans global derivatives markets, large-scale portfolio management and direct real estate investment.
Prior to co-founding Arel, Richard served as chief investment officer, a member of the executive committee and a board member of Gottex Fund Management, a publicly traded fund of hedge funds with peak assets under management exceeding $17 billion. In that role, he was responsible for manager selection, portfolio construction and risk management across a globally diversified portfolio of strategies.
Earlier in his career, Richard served as global head of trading and derivatives at Putnam Investments, where he was also a member of the firm’s executive and management committees. Prior to that, he spent 13 years at J.P. Morgan in a series of senior trading roles — including head of derivatives trading, head of mortgage-backed securities trading and co-head of equity derivatives — building the deep capital markets fluency that continues to inform Arel’s approach to structuring and risk.
In parallel with his institutional career, Richard has personally acquired, renovated and actively managed a significant residential real estate portfolio over more than 30 years, giving him direct operational experience that complements the firm’s broader investment platform.
Richard holds a BA (hons) from McGill University and a Master of Philosophy from Cambridge University.
Gabriel Bousbib
Gabriel Bousbib
Gabriel is the co-founder and managing partner of Arel Capital, where he oversees the firm’s operational, financial and administrative infrastructure. With over 35 years of experience in investment management, Gabriel brings the operational architecture of an institutional-grade platform.
Prior to co-founding Arel, Gabriel served as chief operating officer and a member of the executive committee at Gottex Fund Management, where he was responsible for the infrastructure, technology, compliance and reporting functions supporting a $17 billion alternatives platform. He also served as executive chairman of LUMA Solutions Services, Gottex’s services division.
Earlier, Gabriel served as president and chief executive officer of PlusFunds, a leading managed account platform for hedge fund strategies — an operationally complex business requiring the design and execution of fund structures, reporting systems and investor servicing at institutional scale.
Prior to that, Gabriel held multiple senior operating and corporate development roles at the Reuters Group, including managing director of business development and chief operating officer of the risk management division. He began his career in 1987 at Merrill Lynch Capital Markets, where he worked in the firm’s global derivatives group.
Gabriel holds an MBA from Columbia University Graduate School of Business and is a graduate of École Polytechnique in Paris.
Eric Lagdameo
Eric Lagdameo
Eric is a partner at Arel Capital. He serves on the firm’s Investment Committee and leads acquisitions and secondary debt positions for the firm across the Northeast, Mid-Atlantic, and Sunbelt markets. His real estate career spans 40 years, during which he has acquired, financed, and developed more than $1 billion in real assets across multifamily, office, industrial, retail, and land development.
Prior to joining Arel in 2013, Eric ran the market-rate multifamily housing platform at Castle Lanterra Equity, primarily focused on the Washington, D.C. market.
Previously, Eric served as a director at MetRock Capital Group, an opportunistic real estate investment fund. Earlier in his career, he was a principal at JM Zell Partners Ltd., a boutique real estate investment and advisory firm in Washington, D.C., where he led acquisitions and financing transactions.
Eric holds a master’s degree in real estate from Columbia University and a Bachelor’s degree in economics from Georgetown University. He is a trustee at Mary McDowell Friends School and remains active with Georgetown University’s Steers Center for Global Real Assets and Columbia University’s mentorship program.
Tim Reilley
Tim Reilley
Tim is a partner at Arel Capital. He serves on the firm’s Investment Committee and leads acquisitions for the firm’s Mountain West markets, with a primary focus on Colorado and Montana.
Prior to joining Arel in 2014, Tim spent 12 years as a managing director and member of the research committee at Gottex Fund Management, working in London, Boston and New York. His responsibilities at Gottex included evaluating risk and return opportunities across multiple markets and geographies.
Tim holds a bachelor’s degree in political science from Kenyon College.
Howard Corb
Howard Corb
Howard is a partner at Arel Capital. He serves on firm’s Investment Committee and is Head of Capital Markets. He joined the firm in 2013 and has more than 10 years of direct experience investing in the sector.
Prior to joining, he served as a managing director at Tradeweb Markets LLC, a leading provider of electronic trading platforms for fixed income and derivatives. Earlier in his career, he worked at Morgan Stanley and J.P. Morgan, advising institutional clients on interest rate risk management.
Howard holds a Ph.D. in finance from Stanford University. He also received a Bachelor of Arts and a Bachelor of Science from the University of Pennsylvania. He is the author of the book Interest Rate Swaps and Other Derivatives.
George Berahas
George Berahas
George an analyst at Arel Capital. He is responsible for financial analysis, underwriting, structuring and due diligence of new acquisitions.
Prior to joining Arel in 2025, George interned in private equity and consulting with CVC Capital Partners and Deloitte while completing his studies.
George holds a Bachelor of Law (hons) and a master’s degree in finance from the London School of Economics.
Pamela McGlashen
Pamela McGlashen
Pamela is President of Asset Management at Arel Capital, where she oversees asset management for the firm’s existing multifamily portfolio. She joined the firm in 2016 and has more than 40+ years of multi-family experience.
Prior to joining Arel, Pamela served as President of Allied Orion Group and The Keener Group. In these various roles, she oversaw operations of more than 20,000 multifamily units in 10 states overseeing 500+ employees.
Pamela attended Sam Houston State University in Huntsville Texas and has several accreditations in the multi-family industry.
Jake Gottenberg
Jake Gottenberg
Jake is Vice President of Asset Management at Arel Capital.
Prior to joining Arel in 2022, Jake worked as an analyst at Independence Realty Trust, a publicly traded REIT based in Philadelphia. Earlier in his career, he served as a junior analyst at a boutique real estate private equity firm, also in Philadelphia.
Jake holds a bachelor’s degree in finance (real estate concentration) from the University of Alabama.
Bryce Arnett
Bryce Arnett
Bryce is chief financial officer at Arel Capital, responsible for the firm’s finance, accounting and tax compliance functions across Arel Capital and all affiliated legal entities. He joined the firm in 2017.
Bryce has passed the Uniform CPA Examination, obtaining licensure as a CPA in New York (currently unregistered). He holds a Master of Taxation from Villanova University’s Charles Widger School of Law and a bachelor’s degree in business administration with dual specializations in accounting and finance from Bowling Green State University.
Brandon Hassid
Brandon Hassid
Brandon is the office manager at Arel Capital, and is responsible for investor communications and relationship management. He joined the firm in 2023.
Brandon holds a bachelor’s degree in marketing and management from the University at Buffalo.