S2 Capital, a private investment firm focused on residential real estate, has added Patrick Connell to the firm as head of capital formation and investor relations.

In his new position, Connell will lead fundraising and manage the firm’s growing relationships with institutional investors globally. Most recently, he was managing director and head of capital raising at L&L Holding Company, where he was responsible for raising $1.8 billion in joint ventures and strategic partnerships over the last four years. Previously, as principal of fundraising and investor relations at Riverstone Holdings, he held a senior position within the limited partner relations team responsible for raising $15 billion in capital across several private real asset funds and credit funds.

“We have built strong relationships with our current investors over the past 10 years, and we are confident that Patrick will further strengthen those bonds,” says Scott Everett, chief executive officer and founder at S2 Capital. “His expertise in institutional capital raising will help us pursue promising new opportunities and invest more effectively on a larger scale.”