Devin Murphy
Islamorada,FL
Summary
Senior executive and board leader with deep finance, operating, and strategic expertise. Proven track record of growing complex businesses, guiding governance, and delivering measurable results across public and private companies. Unique skill set, having spent 30 years as an investment banker developing deep capital market expertise and marrying that skill set with over 10 years as a successful operating company executive.
Overview
40
40
years of professional experience
Work History
Partner
Conquer AI
London, England
09.2025 - Current
- Software design firm that enables organizations to turn an AI strategy into execution and measurable outcomes to enhance their business.
Director
Phillips Edison & Company
Cincinnati, OH
07.2024 - Current
- NASDAQ listed company that is one of the nation's largest owners and operators of grocery anchored shopping centers
Director
Macerich
Santa Monica, California
02.2024 - Current
- NYSE listed company that is an owner and operator of regional shopping centers. Serve on the Compensation and Nominating and Governance Committees
Senior Advisor
TerraCotta Group
Los Angeles, California
06.2022 - Current
- Investment manager that pioneered the application of data driven methodologies in real estate credit investing.
Director
CoreCivic
Nashville, TN
09.2018 - Current
- NYSE listed company that provides corrections and detention management services. Serve on the Audit and Compensation Committees and Chair the Nominating and Governance Committee.
Senior Advisor
Fifth Wall
New York, New York
06.2024 - 12.2025
- Senior Advisor to the Firm's founder. Largest Venture capital firm focused on the global real estate industry.
President
Phillips Edison and Company
Cincinnati, Ohio
03.2013 - 07.2024
- NASDAQ listed company that is one of the nation's largest owners and operators of grocery anchored shopping centers. Grew the company from $700 million enterprise value to over $8 billion today.
Chairman
Apartment Income REIT
Denver, Colorado
03.2020 - 04.2024
- NYSE listed real estate investment trust that owned and operated multi-family properties. Sold to Blackstone. Served on the Audit, Compensation and Human Resources and Governance Committees.
Vice Chairman
Morgan Stanley
New York, New York
08.1986 - 07.2023
- Senior executive responsible for managing the Firm's global real estate business. Executed numerous capital markets and merger and acquisition transactions including a number of industry defining transactions. Served on the investment committee of the Morgan Stanley Real Estate Funds a series of global private equity funds with over $35 billion in assets under management.
Director
Apartment Investment and Management Compnay
Denver, Colorado
02.2020 - 12.2022
- S&P 500 company that owned and operated multi-family properties. Spun off AIRC in 2022. Served on the Audit, Compensation, and Nominating and Governance Committees.
Global Head Real Estate Investment Banking
Deutsche Bank
New York, New York
02.2013 - 12.2017
- Senior executive responsible for the global real estate investment banking business. Team executed over 500 transactions with total transaction volume in excess of $400 billion including initial public offerings, mergers and acquisitions, common stock offerings, and secured and unsecured debt offerings.
Education
MBA - Finance
University of Michigan
Ann Arbor, MI05-1986
Bachelor of Arts - History And English
College of William And Mary
Williamsburg, VA05-1982
Skills
- Finance Skills-deep experience in all facets of corporate finance
- Operating Skills-successfully enhanced and grew an operating company by 10-fold and executed its successful initial public offering
- Strategic thinking- able to understand the current state of the business and guide it in a successful direction
- Corporate Governance Knowledge-Director of 6 public companies to date
- Stakeholder Management-understands the objectives of investors and can balance investor, employee, and other constituencies priorities
Timeline
Partner
Conquer AI
09.2025 - Current
Director
Phillips Edison & Company
07.2024 - Current
Senior Advisor
Fifth Wall
06.2024 - 12.2025
Director
Macerich
02.2024 - Current
Senior Advisor
TerraCotta Group
06.2022 - Current
Chairman
Apartment Income REIT
03.2020 - 04.2024
Director
Apartment Investment and Management Compnay
02.2020 - 12.2022
Director
CoreCivic
09.2018 - Current
President
Phillips Edison and Company
03.2013 - 07.2024
Global Head Real Estate Investment Banking
Deutsche Bank
02.2013 - 12.2017
Vice Chairman
Morgan Stanley
08.1986 - 07.2023
MBA - Finance
University of Michigan
Bachelor of Arts - History And English
College of William And Mary