A new digital platform for direct investments in European private equity real estate has been co-founded by a former principal within Blackstone’s real estate team in London.

Florent Danset

Florent Danset

It has emerged Florent Danset, who worked at Blackstone since November 2012 and was responsible for sourcing and executing deals in the real estate group from London, left a few weeks ago to become a co-founder of Alte.

Prior to Blackstone he was an assistant vice president in the direct real estate investment team at Zug-headquartered Partners Group.

Fellow Partners Group alumni, Rob Lamb, is another co-founder. Lamb spent more than a decade at Partners Group in various roles, most recently as senior vice president with global responsibility for real estate business development. He also spent almost three years in Dubai responsible for the firm’s activities in the Middle East. Having left Partners Group in April 2017, he joined Expectation State and then co-launched Alte just weeks ago.

Alte is described as a ‘unique digital investment platform’ offering investors direct access to proprietary European private equity real estate investments, ‘with greater transparency and more flexibility’. Alte’s model enables its investors to allocate directly to the investments they want, deal-by-deal.

Jose de Cabo is another founding member and investor in the business. He already co-founded another company, Olapic, a New York-based company that focuses on engaging user-generated content and braded videos.