DLP Capital, a renowned private real estate investment and financial services firm, has announced the appointment of Nick Stonestreet as its new President of Financial Services. With an extensive background spanning over 30 years in the financial services industry, Stonestreet brings a wealth of knowledge and expertise to enhance service delivery.
Prior to joining DLP Capital, Stonestreet held several significant roles, including CEO, chief investment officer, and senior partner at Blue Trust, where he played a pivotal role in developing strategic initiatives and overseeing organizational management and divisions. His career also includes founding and serving as CEO of Vident Financial, serving as Regional Head of Private Wealth Management at Regions Financial, and holding various leadership positions at Merrill Lynch, including CEO of Merrill Banc Suisse. Stonestreet’s illustrious career commenced at Sun Trust Bank, laying a solid foundation for his trajectory in the financial services sector.
“I am thrilled to join DLP Capital and work alongside Don Wenner and the dynamic team here,” remarked Stonestreet. “The mission and values of DLP Capital deeply resonate with my professional ethos and personal goals. I am eager to leverage my experience and contribute to driving growth and success.”
In his role at DLP Capital, Stonestreet will collaborate with the Funds Team to expand the scope and accessibility of DLP Capital’s funds. Additionally, he will lead banking and financial services strategies to enhance the firm’s offerings and client experiences.
Don Wenner, founder and CEO of DLP Capital, expressed his excitement about Stonestreet’s appointment, stating, “Nick’s extensive experience and proven track record in the financial services industry make him an invaluable addition to our team. His strategic vision and leadership abilities will be instrumental in achieving our ambitious goals.”
Nick Stonestreet holds a B.S. in Biology from Winthrop University and a Master’s degree in International Business Studies from the University of South Carolina.
About DLP Capital
DLP Capital is a private, diversified real estate investment firm focused on investing in, developing, and financing attainable housing for America’s workforce. Their portfolio includes multifamily and single-family rental homes, along with related investments such as RV resorts, aimed at enhancing the lives of working Americans. With over $5.25 billion of assets under management, DLP Capital has been recognized on the Inc. 5000 list of “Fastest Growing Private Companies in America” for 11 consecutive years. Through its exclusive membership platforms focused on wealth legacy and business scaling—including its proprietary Elite Execution System—DLP Capital empowers its clients and impacts lives while fulfilling its core mission of doing well while doing good. DLP Capital is headquartered in St. Augustine, FL, with offices in Allentown, PA, and Asheville, NC. Visit DLPCapital.com for more information.
