Experienced investor Onay Payne has been appointed as the manager of Lafayette Square.

New York, March 24, 2022 /PRNewswire/ -- Lafayette Square, a platform for socially impactful investments, announced the appointment of Onay Payne as the Executive Director of Real Estate. In this new role, Payne will oversee the fund's real estate department, which will utilize long-term capital investments and service coordination to support the revitalization of neighborhoods in historically marginalized communities through the development of meaningful municipal projects and the creation and preservation of affordable housing. Payne will also be a member of the investment committee overseeing all of Lafayette Square's real estate activities, including strategic joint ventures and the development of inclusive properties.

Onaï Payne, Executive Director of Real Estate at Lafayette Square

Payne is a real estate veteran with over 25 years of experience in the industry. Before joining Lafayette Square, she was a partner, executive director, and portfolio manager at Clarion Partners, a real estate investment firm with assets exceeding $70 billion. During her career at Clarion Partners, which began in 2003, Payne held several investment positions overseeing multiple commingled funds and separate accounts invested in all major property types and markets in the U.S. and Mexico. She was also a member of the Investment Committee and Career Management. Payne started her career in the investment banking division of JPMorgan Chase.

“We are pleased that Onai has joined Lafayette Square to develop the third pillar of our socially impactful investment platform,” said Damien Dwin, founder and CEO of Lafayette Square.

“I share the vision of Damien and the Lafayette Square team in using an investment approach with social significance to create long-term changes in communities that have historically been overlooked and underfunded,” said Payne. “I am honored to join such an innovative platform and help scale our real estate investment efforts to bring about meaningful change in underserved areas.”

Payne holds a bachelor's degree from Harvard University (with honors) and an MBA from Harvard Business School, where she was a Robert Toigo Foundation ("RTF") fellow.

Currently, she holds the position of Chair of the RTF Alumni Council and Chair of the Finance Committee of the Board of Directors of the Mark Morris Dance Group. She is also a member of the Harvard University Real Estate Council, the Executive Board of Real Estate, WX New York Women Executives in Real Estate, and the Urban Land Institute, where she serves on the National Technology and Real Estate Council, the ULI NY Advisory Board, and the Building Cybersecurity Advisory Council. Payne is recognized as a leader in the real estate industry and was included in the Commercial Observer's "Power Finance 50" list for 2021, featured in the Pace Common Ground Campaign for Gender Equality in 2017, included in the inaugural "40 Under 40" list by the Tuwigo Foundation in 2013, and recognized in Real Estate Forum Magazine as a "Woman of Influence" in 2010.

About Lafayette Square

Lafayette Square is a platform for socially impactful investments that operates at the local level to create an inclusive American economy. Our mission is to become a leading provider of impact-aligned capital. We believe that investing capital and creating services will generate economic opportunities for all. As we make our investments, we collaborate with a network that shares our values to provide meaningful services that enhance the well-being of underserved individuals and communities.

For more information about Lafayette Square, visit www.lafayettesquare.com.

Contact with the media:

Shri Dhokh/Dug Allen Dukas Linden Public Relations 646-722-6531 [email protected]

SOURCE Lafayette Square Holding Company