PROVO, UT – PEG Companies [“PEG”], a leading vertically integrated owner, operator and developer of multifamily, hospitality and build-to-rent assets in the U.S. and Canada, announced the appointment of Andrew S. Kwok as its new Chief Legal Officer. With a legal career spanning more than 20 years, Mr. Kwok brings a wealth of experience in private equity, securities, financing and structured finance to PEG. Mr. Kwok’s hire represents the firm’s most senior hire since Garett Bjorkman, who joined PEG in May 2024 as Co-Chief Executive Officer with the mandate to optimize and broaden PEG’s investment management capabilities with institutional quality products for global institutions and private individuals.
Prior to joining PEG, Mr. Kwok was a partner at a Los Angeles-based law firm where he focused on counseling a prominent vertically integrated real estate private equity sponsor. In connection with this role, he served as the General Counsel of a Nasdaq-listed REIT, a public 1940 Act interval fund and a private real estate debt fund. Mr. Kwok also led the establishment and operation of a continuous real estate-focused public offering program to retail investors and a private offering program to high-net-worth investors.
Over the years, Mr. Kwok has played a pivotal role in numerous complex cross-border transactions. His experience includes structuring a separate account arrangement with a prominent Middle Eastern insurance company, establishing a joint venture between a private equity sponsor and a Latin American private equity firm to partner with an Asian sovereign wealth fund for developing multifamily properties in Mexico and orchestrating a separate account and financing arrangement for a Middle Eastern sovereign wealth fund aiming for embedded leverage exposure across an investment portfolio. Mr. Kwok has extensive experience in co-investments with Japanese investors and has been actively involved in capital markets transactions, including public offerings of various preferred stock series, rights offering and both secured and unsecured revolving credit facilities. His expertise also encompasses portfolio financings, loan-on-loan financing and a broad range of compliance matters.
“We are thrilled to welcome Andrew to the PEG team,” said PEG Co-Chief Executive Officer Garett Bjorkman, who worked with Mr. Kwok previously. “Having someone with Andrew’s deep expertise in real estate private equity, complex corporate transactions and experience with managing a broad array of regulatory securities matters demonstrates a commitment to excellence that we value heavily as an organization. I am highly confident Andrew will make a significant positive impact as we diversify our product offerings, broaden our investor base, and, most importantly, play an integral part in executing at the highest standards for all of our stakeholders.”
Previously, Mr. Kwok was a lawyer and Managing Director in the legal department of the investment banking arm of a British bank where he held several roles including Head of Legal, Non-Core Markets (global); Head of Legal, Latin America; and Head of Legal, Structured Finance (US). Prior to that, Mr. Kwok was a partner at a Wall Street law firm in New York and a structured finance boutique. A graduate of the University of California, Berkeley, School of Law, he holds a Bachelor of Arts degree in Political Science and Economics from the University of Pennsylvania. In his new role, Andrew will oversee all legal aspects of PEG’s operations. His experience will support PEG’s mission and vision by contributing to transformative real estate investments that elevate lives and communities.
“I am excited to become part of the PEG family. I am very impressed by what Cameron Gunter, PEG’s Founder and Co-Chief Executive Officer, has accomplished for PEG over the last 20-plus years. I look forward to working with Cameron, Garett and the rest of the PEG team to take the firm to the next level,” Mr. Kwok said.
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