February 2, 2022
This quarter’s Team Corner is devoted to Carl Chang, Kairos’ Founder and CEO. Carl leads the entrepreneurial expansion of the firm’s investment business. Under Carl’s leadership, Kairos has acquired, developed, and managed real estate across the U.S. worth over $3.2 billion in multiple asset classes including multifamily, retail, industrial, commercial office, and storage.
Carl’s innovative leadership, combined with a steadfast mission of stewardship toward client investments, is a governing principal foundation that has translated into the successful company that Kairos is today.
Carl’s expertise has placed the company in the extremely unique role of both allocator and asset manager—a role that amplifies the ways in which investors benefit from our services. In 2008, he pioneered a contrarian and highly successful CMBS investment strategy that focused on underwriting the underlying real estate. That strategy, which targeted discounted, high-grade, performing commercial mortgage-backed securities collateralized by commercial and multifamily properties, was applicable and optimized during stages of the economic cycle characterized by widespread market illiquidity and flight to safety.
Today, Carl leads the company in executing three investment strategies – value, impact, and credit – that match with different investors’ goals. Each strategy, in turn, has its own investment strategy and criteria, deal terms, and deal structure.
Carl’s business acumen also extends beyond Kairos. He manages the Carl and Diana Chang Family Office, his family’s investment portfolio, and he serves as Chairman of the Board for EnviroKure, Inc., a sustainable farming solutions company. In 2018, Carl was appointed as a Director serving the Board of the Federal Reserve Bank of San Francisco and was recently appointed Chairman of the bank’s Los Angeles Branch Board. He is also on the Board of Advisors at UC Irvine’s Center for Investment and Wealth Management, a renowned research and networking hub.
Carl embodies the essence of Kairos’ meaning: “the opportune moment; a time when conditions are right for the accomplishment of a crucial action.”
Stay tuned for more profiles of the Kairos Team in future issues of our newsletter.
*There are no guarantees that any specific investment strategy will be profitable or equal to past performance levels. All investment strategies have the potential for profit or loss.
For questions, contact investor relations at investorreporting@kimc.com or 949-800-8500.
