Jay Rosen is the CFO for The Red Sea Development Company, a closed joint stock company wholly owned by the Public Investment Fund (PIF), Saudi Arabia’s sovereign wealth fund. He oversees finance, investment, and asset management for a new international luxury tourism destination set along the Red Sea as part of the Kingdom’s Vision 2030. He is responsible for driving long-term strategic value by planning, implementing, managing, and controlling all financial and investment related activities of the Company.
Jay is an accomplished real estate investment and finance executive with broad experience in acquisitions, development, asset management, corporate finance, capital raising, and strategic planning. Over the course of his career he has participated in over $5.5 billion in real estate investments including large, integrated resort developments, single asset and portfolio acquisitions, and corporate mergers and acquisitions. Jay has extensive experience in hospitality and mixed-use assets in addition to residential, retail, gaming, and office investments in North America, the Caribbean, and Middle East.
Jay holds a Bachelor of Science degree from Cornell University’s School of Hotel Administration where he concentrated on real estate finance.