David Kosoy, Executive Chairman of Sterling Global Financial, recently announced a major strategic development for the company with the completion of its divestiture of Sterling Bank & Trust Limited. Kosoy emphasized that this move positions Sterling to accelerate growth in core investment management and real estate operations, leveraging over a decade of expertise to identify and execute high-value opportunities.

Under Kosoy’s leadership, Sterling now manages more than $1.5 billion in active developments, including landmark projects like Montage Cay in the Bahamas, the Grand Hyatt Grand Cayman Hotel & Residences, and the Paradise Landing & Hurricane Hole Superyacht Marina. Kosoy highlighted that the company’s focus on world-class development, innovative financing, and disciplined execution enables Sterling to deliver superior investment performance while scaling its platform globally.

With over 50 years of experience, David Kosoy has built a proven foundation of excellence, establishing Sterling as a trusted leader in real estate, infrastructure, and alternative asset management. The divestiture marks a new chapter for the company, allowing Kosoy and his team to focus on accelerating growth and capitalizing on emerging investment opportunities worldwide.