Capital markets are places where people and organizations buy and sell long-term investments like stocks and bonds. They help connect those who need money to grow or fund projects with investors looking to earn returns over time. For investors, capital markets are important because they offer opportunities to invest, save, and grow their wealth through a variety of financial assets.
institutional investorsfinancial
Institutional investors are large organizations, like pension funds, insurance companies, and mutual funds, that invest huge amounts of money on behalf of many people. Their decisions can influence the economy because they buy and sell big chunks of stocks, bonds, or other assets. They matter because their actions can affect market prices and trends.
recapitalizationfinancial
Recapitalization is a deliberate change to a company's mix of debt and equity—how much it borrows versus how much is funded by shareholders—accomplished by issuing or repaying debt, buying back shares, or issuing new shares. It matters to investors because it alters the company's risk profile, potential returns and cash flow stability: increasing debt can amplify returns but raises the chance of financial stress, while adding equity can dilute ownership but lower default risk—like swapping between a mortgage and savings to reshape household finances.
capital raisingfinancial
Capital raising is the process a company uses to get money to run or grow its business, either by selling ownership stakes (shares), borrowing (loans or bonds), or other financing tools. It matters to investors because it changes a company’s cash position and risk: new borrowing can increase debt, and selling new shares can reduce existing owners’ percentage—similar to adding fuel to a car to go farther but changing who owns the car or how it’s financed.
cross-border executionfinancial
Cross-border execution is the process of buying or selling financial instruments in markets outside an investor’s home country, where orders must pass through foreign trading systems, rules and currencies. It matters because it can widen access to opportunities but also adds costs, timing delays, currency swings and extra regulatory checks — like shopping in another country where prices, taxes and checkout rules differ and affect your final bill and risk.
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Josh Cullen Appointed Head of Capital Markets, APAC; Gordon Marsden Named Head of Global Capital, APAC & EMEA
NEW YORK--(BUSINESS WIRE)--
Cushman & Wakefield (NYSE: CWK) today announced that, effective June 1, Josh Cullen and Gordon Marsden have been appointed to key leadership roles within its Global Capital Markets platform. The appointments underscore the firm’s commitment to strengthening investor relationships and accelerating cross-border capital growth.
Josh Cullen has been appointed Head of Capital Markets, Asia Pacific. Based in Sydney, Australia, Josh brings more than 20 years of experience in real estate, including over eight years with Cushman & Wakefield, where he has played a pivotal role in expanding the firm’s Capital Markets presence across Australia and the broader region.
In his new role, Josh will focus on deepening relationships with major institutional investors and enhancing the firm’s regional connectivity to drive revenue growth. He will also lead efforts to increase market share by ensuring strong participation in major investment sales and recapitalization opportunities across Asia Pacific.
Josh Cullen, Head of Capital Markets, Asia Pacific, said:
“This is an exciting time for our business in Asia Pacific. We have a strong platform and exceptional talent across the region, and I look forward to further strengthening our relationships with institutional investors and capturing new growth opportunities as capital flows continue to evolve.”
Gordon Marsden has assumed the role of Head of Global Capital, APAC & EMEA. Gordon brings over 25 years of experience in real estate, spanning strategic advisory, investor relations, capital raising and brokerage. In this role, he will focus on strengthening engagement with the world’s largest institutional investors, working closely with in-country teams, cross-border desks and strategic accounts to grow wallet share from top-tier clients.
Gordon will also continue advancing the firm’s global capital intelligence capabilities, leveraging tools such as the Global Capital Markets Console to support brokerage and advisory teams worldwide, while contributing to cross-regional initiatives through the Global Capital Markets Leadership Group.
Gordon Marsden, Head of Global Capital, APAC & EMEA, said:
“Global capital is becoming increasingly interconnected, and our ability to provide clients with actionable intelligence and seamless cross-border execution is more important than ever. I’m looking forward to working closely with our teams to deepen client partnerships and unlock new opportunities across regions.”
James Young, President - Markets, APAC & EMEA, said:
“These appointments reflect our continued investment in talent and platform capability as we accelerate delivery of our Global Capital Markets strategy. Josh and Gordon bring deep expertise, strong client relationships and proven leadership that will be instrumental in driving growth and capturing increasing cross-border capital flows across APAC, EMEA and beyond.”
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for occupiers and investors with approximately 53,000 employees in over 350 offices and nearly 60 countries. In 2025, the firm reported revenue of $10.3 billion across its core service lines of Services, Leasing, Capital markets, and Valuation and other. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit www.cushmanwakefield.com.
