Derrick McGavic

Managing Principal & Chief Investment Officer

Mr. McGavic founded Newport Capital Partners in 2004 and serves as its Managing Principal and Chief Investment Officer.  He is a member of the Investment Committee and oversees Portfolio Management of the Firm’s investment vehicles.  Additionally, he shares responsibility with other Newport Principals on the Firm’s investment strategy, operations, risk management, capital markets, and investor relationships.  Mr. McGavic has over 30 years of institutional real estate experience and has executed more than $5 billion in real estate transactions.  Under his leadership, Newport has gained recognition as a leading investor/operator of neighborhood retail centers primarily located in densely populated submarkets.

Prior to forming Newport, Mr. McGavic was Managing Director with real estate investment management firm RREEF.   During his tenure, he had responsibilities for the management of five commingled funds and two separate accounts with aggregate assets under management in excess of $3.5 billion.  Mr. McGavic was a member of RREEF’s Value Add/Venture Capital and Structured Debt/Mezzanine Fund Investment Committees and also led major initiatives with the firm’s Structured Debt and Client Relations groups.  Previously, he held various roles with JER Partners and LaSalle Partners in acquisitions, portfolio management, mergers & acquisitions, loan workouts, and asset management.  Mr. McGavic is a former Officer of Marines.

Mr. McGavic received his dual Bachelor of Science degrees in Business and Naval Engineering from Oregon State University and his Master of Science in Management Information Systems from the University of Southern California.  He is a member of the International Council of Shopping Centers (ICSC) and its National Economic/Government Policy Committee, Pension Real Estate Association (PREA), National Association of Real Estate Investment Managers (NAREIM), and Urban Land Institute (ULI).  Mr. McGavic is actively involved in increasing access for veterans in the Real Estate and Finance industries and is a supporter of nonprofit organizations Disabled American Veterans (DAV) and Misericordia Heart of Mercy.