Co-Founder & Managing Partner

Mr. Hioe co-founded Raith Capital Partners in February 2012. Raith is a real estate investment firm that has invested and managed over $1.7 billion of capital across its equity and debt platforms, and its Partners have invested over $2.5 billion of equity in these strategies since 2009. Since inception, Raith has raised discretionary vehicles (Raith Real Estate Fund I, Raith Real Estate Fund II, and Raith Real Estate Fund III) that opportunistically target real estate investments across the U.S. Raith also manages multiple debt vehicles on behalf of institutional investors that target whole loan and credit investments across the capital structure, and acts as manager for Raith CMBS Fund I and II, discretionary vehicles focused on investments in high yield CMBS. Prior to forming Raith, Mr. Hioe was a Managing Director at Rialto Capital Management, which he joined in 2009. While at Rialto, he was involved in the Firm’s acquisitions effort for whole loan portfolios, distressed assets, and securities. In the distressed loan space, these transactions included acquisitions of c. $5 billion of nonperforming loans from the FDIC and various financial institutions. Mr. Hioe was instrumental in the development of Rialto’s securities investing business, which helped to establish the firm as a significant B-piece investor. Prior to Rialto, Mr. Hioe worked at The Blackstone Group in the firm’s real estate private equity fund, focusing on real estate investments in several property types. He was involved in the acquisition of Equity Office Properties and Hilton Hotels. Prior to Blackstone, Mr. Hioe worked in affordable housing finance at The Community Builders, and as a strategy consultant at Cap Gemini Ernst & Young.

Mr. Hioe received a Bachelor of Arts degree from Williams College and an MBA from Harvard Business School, and is a former member of the Board of Governors of the Commercial Real Estate Finance Council (CREFC).