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Paul R. Smith
Managing Director
Crescent Real Estate Equities, LLC

Paul R. Smith joined Crescent Real Estate Equities, LLC in May 2005 as managing director, fund management. Prior to joining Crescent he served as a portfolio manager at INVESCO Real Estate, beginning in 2000, where he managed real estate investments for a $325 million value-added commingled fund. From 1989 to 2000, Mr. Smith served as a portfolio manager for Sarofim Realty Advisors where he managed a $1 billion portfolio of office and retail properties on behalf of various institutional clients.

Mr. Smith has more than 15 years of experience in the pension fund advisory business, including portfolio management, financing and fund-raising.

Mr. Smith holds a Bachelor of Arts degree from Harvard University and a Master of Business Administration degree from the University of Texas.