Allen Chilten, the head of Patrizia’s funds capital markets business, has joined Schroders Capital to lead its global real estate capital formation business.

Schroders said Chilten will oversee all aspects of the real estate capital client journey, advising clients on a “broad range of real estate investment solutions and ensuring a seamless experience across the wider platform”.

Chilten’s appointment comes as Schroders continues to expand its direct real estate relationships with institutional investors across key regions, including Europe, North America, and Australasia, the investment firm said.

Allen will spearhead Schroders Capital’s efforts to raise capital for real estate funds, joint ventures, co-investment opportunities and other programmatic ventures. He will lead the dedicated real estate teams responsible for global investor coverage and servicing as well as programme development.

Chilten, who served at Patrizia for six years, joined the real assets manager from Rockspring Property Investment Managers where he worked as European director before the company was acquired by Patrizia. Chilten joined Rockspring’s investor relations team in 2013, having worked for Credit Suisse.

At Patrizia, he successfully led the global client solutions team, overseeing co-mingled funds and segregated client mandates across real estate and infrastructure. 

Sophie van Oosterom, the global head of real estate at Schroders Capital, said: “We are thrilled to welcome Allen to our global management team. Schroders Capital’s real estate team aims to deliver strong investment performance for our clients, with a team of close to 300 real estate professionals on the ground in major real estate markets.

“We secured robust inflows over the past few years thanks to our strategic value add approach, focusing on operational excellence, delivering long term sustainable income and value growth to our investments. Building on Allen’s significant experience in this field, we will continue to strengthen our global service offering to clients in the coming years.”

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