Gordon F. DuGan, President and Chief Executive Officer of W. P. Carey & Co. LLC (WPC), and CEO of its series of Corporate Property Associates (CPA) non-traded REIT funds, talked to the Wall Street Transcript about his company W. P. Carey & Co. LLC.  Click here to read the complete interview.

TWST: Please give our readers a brief history and overview of the company.

Mr. DuGan: W.P. Carey (WPC) is an interesting company in that we have been in existence for a long time. We were founded in 1973; we have a terrific 30-year track record, and we manage approaching $10 billion in assets - and not many people have heard of us. I attribute this to two things. One, we have kept a low profile and just gone about our business, and two, we’ve done a very good job for our investors of providing predictable income and managing their investments through various cycles. Generally it’s either the more spectacular winners in a good market and the more spectacular failures in a bad market that get all the press. We’ve been somewhere in between, just cranking through and providing steady, attractive returns for investors.

This entry was posted on Monday, February 8th, 2010 at 10:49 am and is filed under Financial Services Stocks. You can follow any responses to this entry through the RSS 2.0 feed.