People moves: Former RBS treasurer Cummins joins L&G Capital
Legal & General Capital, Royal Bank of Scotland, AEW, CBRE Global Investors, JLL, BNP Paribas Real Estate, Tunstall Real Estate Asset Management, Property Capital Partners Europe, StepStone Group
Legal & General Capital – John Cummins will join Legal & General Capital as the managing director of urban regeneration and clean energy. The former Royal Bank of Scotland group treasurer will take on the newly created role and oversee all direct investments in urban regeneration and clean energy, and report directly to CEO Kerrigan Procter. Cummins worked at RBS from 2007 to the end of 2016.
AEW – Frédérique Bretveld-Weber has been appointed country manager for the Netherlands. Bretveld-Weber will report to Patrick Meutermans, head of Belgium and the Netherlands, and will work closely with AEW’s wider global platform. She will be responsible for spearheading the development of AEW’s Dutch business, as well as the management of its existing portfolio of assets in the Netherlands. She previously held roles, including portfolio and fund manager, at CBRE Global Investors between 2008 and 2016.
JLL – David Barry has been appointed senior director with JLL’s debt advisory team, focusing on central London offices and other UK assets. He joins from BNP Paribas Real Estate where he worked for five years, latterly as head of US and Canadian investors and head of debt advisory.
Tunstall Real Estate Asset Management – Gerald Parkes has been appointed senior advisor. Parkes has led businesses including The Yarmouth Group, Lendlease Investment Management Europe, Parkes and Company and Invesco Europe. He is founding partner of Property Capital Partners Europe. He is also a governor of the Urban Land Institute.
StepStone Group – Kate Budiselik, a member of the infrastructure and real assets team has been named partner. She joined the global private markets firm in 2014. Jay Morgan, a member of the real estate team has also been named partner. He joined StepStone in 2017 from Courtland Partners. John Waters has also been named partner. He joined StepStone in 2014 and is a member of the real estate team.