Investment manager Barings has appointed Ben Pile as head of Residential Investing and Asset Management – Europe.
Based in the London office, Pile will be responsible for sourcing residential-led deals for Barings’ seven local European transactions teams, as well as structuring and overseeing potential JVs with developers across Europe and developing models to underwrite new deals and monitor investment due diligence.
Ben joins from Apache Capital Partners in London where he was Investment director and led its Social Infrastructure investment platform. He was Apache’s first employee in 2010 and was instrumental in the growth of the business, delivering Apache’s PBSA and senior living projects. Latterly he was part of the multifamily and single family housing teams. He also previously worked for ING Real Estate Investment Management in commercial real estate and, prior to that, in investment banking with Dresdner Kleinwort Wasserstein.
The living sector remains a primary focus for Barings across capital sources, with €280 mln invested in the sector in the year to date, as well as circa €500 mln available to invest in both core and value add opportunities in the next 12 months.
