Career
Primo, whose firm has $4.04 billion in assets under management in domestic and international commercial real estate, is ranked on the Forbes" Top Twenty Richest African American"s in the World list. Primo, who is a regular contributor on Consumer News and Business Channel, is known in the real estate industry for his innovation. In 2000 under Primo"s leadership, Capri Capital developed and launched one of the industry"s first real estate mezzanine funds.
As a minority-owned firm, Capri Capital was also an early investor in America"s under-served urban markets, such as South Los Los Angeles
In 2006, Capri purchased Baldwin Hills Crenshaw Plaza, one of America"s oldest urban regional malls that was opened in 1947. In 2012, Black Enterprise Magazine saluted Primo and his firm as its Financial Services Company of the Year.
Primo"s latest visionary move was to become one of America"s first minority-owned firms to invest overseas. Mr. Primo is the newly appointed non-executive chairman and director of Capri Global Capital Limited"s Board of Directors in India.
In this position, Mr.
Primo becomes one of, if not the first, African-American to serve on the board of an Indian-registered publicly listed company.