TIME Investments, LGT Vestra, IMMO Capital, Clarion Partners, CodeGreen Solutions, Crestbridge, Bonnier, Scandic, CACI, CBRE, Heimstaden, Eurofund, Endeavor Energy, Ekistics Property Advisors, BAML, Warehouse REIT, Tilstone Partners, JLL, La Française REM, Dalmore Capital, Corsair Capital, AXA IM Alts, Barings
Clarion Partners – The real estate investment manager has appointed Karen Mahrous as senior vice president and head of ESG. Karen is based in Clarion’s New York City office and reports to Jeb Belford in his new capacity as CIO. Mahrous will work with cross-functional teams throughout the organisation to develop a formal framework to implement the firm’s recently announced commitment to the Urban Land Institute’s Net Zero by 2050 Greenprint program and strengthen Clarion’s alignment with the United Nations Sustainable Development Goals. In addition, she will work with the asset management team to pursue carbon reduction programs across all sectors in the firm’s global portfolio. Mahrous joins Clarion from CodeGreen Solutions, an energy and sustainability consulting firm specialising in the real estate industry.
CBRE – The global real estate advisor has appointed Dhiresh Bhardwa as a director within its supply chain and consumer advisory team, responsible for the retail occupier sector. Bhardwa joins from CACI, where he was most recently an associate partner and head of international. He held a dual role, which included business management for the international business, as well as being the presales team manager in the location strategy consulting department. In his new role, Bhardwa will lead on the design and delivery of project work for global clients on location strategy and data projects, whilst providing in-depth insights on their market, customers, competitors, locations and real estate networks.
TIME Investments – The company which specialises in asset-backed and income-producing funds across real estate, infrastructure, renewable energy and lending, has appointed Victoria Barber as head of strategic partnerships. Barber Victoria joins TIME from LGT Vestra where she was business development director – UK and European distribution, having previously spent over four years with Octopus Investments where she had a primary focus on developing and maintaining strategic relationships with financial advice networks, wealth managers, and professional bodies. In her new role, she will be responsible for TIME’s relationships with its strategic partners, establishing new distribution channels for its products, supporting the growth of the business and helping to add value to advisers and their clients.
IMMO Capital – The tech-enabled end-to-end platform for single-family residential investment management has appointed Todd Ruppert as strategic advisor and investor. Ruppert is the founder and CEO of Ruppert International, a firm with diversified interests globally in various fields including education, financial services, disruptive technologies, publishing, and strategy consulting. He has 40 years of experience in the financial services industry having retired from T Rowe Price where he was president and CEO of T Rowe Price global investment services and co-president of T Rowe Price International, and Greenspring Associates. Ruppert is also an advisor to a number of venture capital and private equity firms including Antler, Fin VC, Motive Partners, Launch Africa, Access Holdings and BroadLight Capital.
Crestbridge – Mike Edward has been appointed chief people officer. Edward will be responsible for the implementation of strategic and practical plans to support Crestbridge’s international growth objectives in order to meet evolving compliance, regulatory and legislative obligations across each of Crestbridge’s eight jurisdictions. Prior to joining Crestbridge Edward worked in a number of banking and financial institutions including six years at a major European-headquartered bank, based in both London and New York, and twelve years at a leading asset management firm in Jersey. He takes over the role from Fiona St Clair-Bolam, who is retiring after a career spanning almost 30 years in human resources. Since joining Crestbridge eight years ago, Clair-Bolam has been instrumental in creating and building a people-focused culture to support the strategy and growth of the business. She leaves Crestbridge at the end of the year.
Scandic – Åsa Wirén has been appointed as new CFO for Scandic Hotels Group. Wirén was most recently at Bonnier where she has been working since 2016. She will start her new position in April 2022 at the latest and will be a member of Scandic’s Executive Committee. Prior to working at Bonnier, Wirén was CFO at SkiStar. Before that, she was also auditor and partner at KPMG Sweden for a number of years. She holds several board positions at Swedish companies including in the real estate and consulting sectors. As previously announced, Scandic’s current CFO Jan Johansson decided to leave Scandic after six years with the company. Scandic and Johansson have agreed that he will continue as CFO until 28 February 2022.
Heimstaden – Eddo Rats Heimstaden Netherlands country manager, has been appointed co-COO and will take on his new role as soon as his successor is in place. He will share his position with the company’s existing COO and deputy CEO, Helge Krogsbøl. Rats has more than 20 years of experience in real estate and hospitality and has for the last two years managed Heimstaden’s Dutch organisation. He has previously worked at Vesteda Investment Management where he held the position director of property management and innovation and was MD in Amsterdam and Almere for de Alliante.
Eurofund – The international investment and real estate development company has appointed Alberto Esguevillas CEO of a newly launched UK arm. The former development director and country manager at Unibail-Rodamco-Westfield has been hired to take on the role of CEO UK. He is joined by Mike Rhydderch as senior advisor – corporate finance and Emma Hindes as COO. Rhydderch joins with more than 25 years’ experience across M&S and capital markets, most recently as a managing director of EastDil Secured. Hindes has 20 years’ experience working for Unibail-Rodamco-Westfield.
Endeavor Energy – The Africa-focused independent power generation company backed by Denham Capital, has appointed Brian Herlihy as CEO of the company. Herlihy brings 20 years’ experience in the broader energy and infrastructure sectors during which time he has accumulated significant industry and managerial expertise, as well as a strong track record in Africa. Prior to joining Endeavor, Herlihy was managing director for InfraSalience. Herlihy has also successfully founded a number of Africa-focused businesses, including Black Rhino in 2012 and SEACOM in 2007.
Ballymore Asset Management – The asset management arm of international property development company, Ballymore has appointed Tony Hymers as managing director and Ross MacCaskill as finance director. Hymers joins from Burlington Estates, which he co-founded in 2012. He started his career working in the commercial departments of housing associations, undertaking leasehold management, commercial management and PRS. He moved to the private sector in 2010 and started working for Marr-Johnson & Stevens as their head of property management. In his new role, Hymers will focus on driving high standards across the service and making changes that will have a direct and positive impact for both customers and employees. McCaskill joins BAML as finance director. His experience includes real estate investment, development and asset management in addition to accounting and taxation within the property and the professional services industries. He was previously COO at Ekistics Property Advisors. Prior to that he spent 10 years at The Conygar Investment Company. He has also spent time at Prestbury Investment Holdings and Dixon Wilson Chartered Accountants. In his new role, McCaskill will lead the finance function of BAML ensuring the company provides a property management service to the freeholders and leaseholders at its London developments.
Barings – The asset manager has appointed Nadine Gelke as real estate director of acquisitions and sourcing in Berlin. Gelke is responsible for all investments in the North-East region. She is located in the Berlin office, which Barings opened in spring this year. Gelke was previously at LaSalle Investment Management where she worked as head of investment Nordics and Netherlands over the past four years. Prior experience includes Deka Immobilien and CorpusSireo Asset Management
Dalmore Capital – Vicky Chan has joined the infrastructure fund manager as director. Chan was most recently a principal with Corsair Capital, acting as a shareholder representative on the boards of Kelda Holdings, Itinere Infraestructuras and DP World Australia. At Dalmore she will focus on originating, executing, and managing low risk investments across a range of infrastructure assets.
La Française Real Estate Managers – The asset manager has appointed Adrien Bérenger and Cédrick Becker senior asset manager – value-added strategies and senior asset manager – international institutional investors respectively. Both will report directly to Xavier Barreyat, director of asset and fund management for the institutional division of La Française Real Estate Managers in France.
Warehouse REIT – The UK REIT’s external investment advisor, Tilstone Partners, has appointed Evie Williams as an asset manager. Previously at JLL, Williams joins the team responsible for managing Warehouse REIT’s diversified warehouse portfolio. Williams will be focused on managing Warehouse REIT’s Midlands portfolio, with responsibility for key local stakeholder relationships and supporting the delivery on the programme of value-enhancing asset management initiatives. She joins from JLL, where she worked across its industrial agency, valuation and lease advisory teams.
AXA IM Alts – The asset manager has appointed Marion Redel-Delabarre to lead the strategic expansion of its capabilities for private wealth. In her new role as head of private wealth, Redel-Delabarre will work closely with private banks, wealth managers, investment platforms to provide wealth clients with access to its range of alternative investment solutions, such as real assets, private equity, structured finance and hedge funds. Prior to joining AXA IM Alts, Redel-Delabarre spent over five years at AXA Investment Managers, most latterly as head of wholesale France, Monaco, Belgium and Luxembourg. Prior to that, she held several sales and business development roles at Edmond de Rothschild Asset Management, Franklin Templeton and BNP Paribas Asset Management.
