NEW YORK--(BUSINESS WIRE)—March 7, 2005—NDC Capital Partners announced that Kenneth O’Connor recently joined the firm as a Principal.

Prior to joining NDC, Mr. O’Connor was Vice President and Regional Director of Citigroup Investments, Inc. where he was instrumental in establishing a new real estate investment platform for Citibank Private Bank clients.

Mr. O’Connor has over twenty-five years experience in commercial real estate. Mr. O’Connors’ responsibilities will include originating value add and opportunistic private equity investments. 

NDC is a private equity firm, investing capital in U.S. commercial real estate assets and related entities through joint venture structures with proven operating partners. The Company has been funded with initial discretionary capital commitments in excess of $50 million from strategic equity partners.