Courtland’s Negrelli to join Oaktree – exclusive

The former head of the Cleveland, Ohio-based real asset advisor’s Los Angeles office was among a number of recent departures at Courtland.

Robert Negrelli, formerly a senior consultant at Courtland Partners, will be joining Oaktree Capital Management as a consultant to its real estate team. He will focus primarily on the firm’s separate accounts business, according to two people familiar with the matter. Oaktree declined to comment.

During his tenure at the Cleveland, Ohio-based institutional real asset advisory firm, Negrelli was responsible for providing client services, investment due diligence and tracking new manager offerings. Earlier this year, he was charged with assisting senior consultant Jay Morgan in the management of Mesirow Financial’s Institutional Real Estate fund-of-funds platform, which was transferred to Courtland following the shuttering of that business. The clients that Negrelli advised included Alameda County Employees’ Retirement Association and the Los Angeles Water and Power Employees’ Retirement Plan.

Negrelli, who had headed Courtland’s Los Angeles office, had worked at the firm since 2007, when he joined as a consultant. He was promoted to senior consultant in March 2014. According to his LinkedIn profile, Negrelli exited Courtland in August and was said to have taken some time off before accepting his new position at Oaktree. 

Before working at Courtland, he was an internal auditor at The Sherwin-Williams Company, where he was responsible for auditing retail, automotive and commercial stores in Western New York and Ontario, Canada.

Negrelli was among a number of recent departures at Courtland. For example, Dan Butler, who had worked as a senior analyst since 2010, left the firm in March to become a director at American Realty Advisors. Meanwhile, Daniel Moore, formerly a senior consultant and infrastructure specialist, also departed this year and is now co-owner of WJF Investment Corporation, according to his LinkedIn profile. Daniel Wolnik, previously Courtland’s chief compliance officer and chief financial officer, exited in April after a seven-year tenure and is now vice president of finance and administration at The Gottlieb Organization.