Leadership

IHS has deep industry expertise and a strong reputation as one of the pioneers in affordable residential real estate investment and management in Sub-Saharan Africa.

We are a diverse global team, with extensive experience in the development of successful large-scale affordable housing properties.

  • Our senior management team has an average of 25 years of real estate experience and has worked together for more than 5 years.
  • We have experience in all aspects of real estate development, management and investment, with particular strength in the residential sector.
  • The majority of our team are South African and African nationals, and more than 50% are previously disadvantaged individuals.
  • Our experience and expertise allow us to replicate our excellent past results in South Africa to our new target countries in Sub-Saharan Africa.
Michael Falcone
Chairman

Michael Falcone is the Chairman of the Board of IHS.  Mr. Falcone is employed by Hunt Investment Management and is the Chief Executive Officer and President of MMA Capital Management, a position he has held since January 1, 2005.  MMA Capital Management is a diverse real asset finance company specializing in affordable multifamily housing and renewable energy.  In his role as Chairman of the Board of IHS, Mr. Falcone’s focus is on strategic planning, risk management, and business development. Prior to his involvement with MMA Capital Management, Mr. Falcone served as Senior Vice President and Partner at the Shelter Group, a USA based real estate development and property management firm.

Cathal Conaty
Managing Director

Cathal Conaty serves as a Managing Director responsible for Portfolio Management. He is chairman of the Investment and Asset Management Committees, which approve and manage all IHS investments, including the R1.9bn South African Workforce Housing Fund.

Mr. Conaty brings extensive experience in residential property investment, spanning portfolio management, deal structuring and negotiation, financial engineering and the management of major renovation projects. In various positions over the past fifteen years, he has set up and managed private investment funds, served as a Regional Vice President of property management specializing in the turnaround of troubled properties, and represented investors’ interests in a variety of market-rate and subsidized properties.

Mr. Conaty holds an MBA from IESE, Barcelona, Spain and a BA from University College in Dublin, Ireland.

Rob Wesselo
Managing Director

Rob Wesselo is a Managing Director responsible for South Africa Operations, a post he has held since September 2010. He is responsible for sourcing investments, structuring and negotiating deals with developers and managing the operations of IHS in South Africa. Mr. Wesselo is also a member of the IHS Investment Committee. Before joining IHS, Mr. Wesselo was the Head of Commercial Property Finance (Property Investments) at ABSA Business Bank. He has held other property-focused positions such as Commercial Director at Pangbourne Properties and Head of Listed Property Funding at Rand Merchant Bank. He holds an LLB from Wits University.

Solly Mboweni
Head of Operations

Solly Mboweni is Head of Housing Operations, a position he has held since July 2014, with direct responsibility for the activities of the Deal Team and the Asset Management Team. Prior to joining IHS, he was the Head of ABSA Devco where he was responsible for managing the operations of ABSA Devco, the development company of ABSA bank that is responsible for Sustainable Integrated Housing Developments (SID) with assets under management of R2bn. He was at ABSA for 4 years in a number of senior positions, with responsibility for assets totaling approximately R15bn. He has also managed the property departments at Liberty Properties, and FNB. He obtained his BCom from University of Witwatersrand. He was until recently the Vice President of SAIBPP (South African Black Property Practitioners).

Nikki Blane
Chief Financial Officer

Nikki Blane joined MMA in June 2015 and is acting Chief Financial Officer for IHS, responsible for accounting, treasury, corporate services, budgeting and financial reporting for the company. Prior to joining IHS, she was the Finance Director for three years at Phatisa, a private equity fund manager, servicing a range of sectors in a number of sub-Saharan African countries. She managed offshore (USD) and South African (ZAR) based entities. Prior to that, she was a Portfolio Manager – Property Private Equity at Sasfin Bank. She obtained her Bachelor of Accounting and a Bachelor of Commerce from Wits University. She did her Articles and was a Senior Auditor at Price Waterhouse Coopers Inc. as well as worked as an International Tax Consultant for them after completing her articles.

Grant Harris
Managing Director

Grant Harris is the Managing Director of IHS Property Management (IHS PM), a position he has held since September 2016. He is responsible for operations within the property management business, which manages the majority of the properties in the funds managed by IHS. Mr. Harris has more than 10 years of senior and executive management experience within both property and asset management. Before joining IHS PM, Mr. Harris was the CEO of Citiq, a privately held real estate investment business focused on the affordable housing market, with assets under management in excess of two billion Rand.