Eric A. Clement is SVP & Fund Manager, overseeing the Social Impact and Sustainability portfolios at RXR Realty, LLC. In this capacity, he is responsible for setting the strategic vision and investment strategy for the organization, with the goal of generating attractive returns while delivering on tangible social outcomes.
Prior to RXR, Eric led the Strategic Investments Group at the New York City Economic Development Corporation (NYCEDC) where he directed three affiliated entities that oversee the negotiation of tax incentives, taxable/tax-exempt debt issuance, New Markets Tax Credit investments, in addition to a portfolio of debt & equity funds in excess of $500 million on behalf of the City of New York. These efforts helped drive inclusive economic development by unlocking access to finance, mobilizing private capital, and supporting the growth of strategic sectors.
Throughout his career, Eric led opportunities across multiple industries and product groups including investment banking, consulting, infrastructure, healthcare, retail, manufacturing, and telecommunications.
Eric spent time working in London, sub-Saharan Africa, and the United States - as a partner at Blue Frontier Group, an emerging markets private equity firm, SGI Global Holdings, Ltd., and various executive and management-level positions at Accenture plc, Citigroup and JPMorgan.
Eric received his MBA from the University of Oxford with specializations in finance and strategy and his undergraduate degree in History from Lehigh University. Eric currently sits on the Lehigh University Board of Trustees.