Henderson Global Investors has hired John Feeney as head of real estate debt in its secured credit team. He will work closely with Henderson’s property business as well as the fixed income team to drive business growth in real estate debt as traditional lenders retreat from the market.
Henderson Global Investors has hired John Feeney as head of real estate debt in its secured credit team. He will work closely with Henderson’s property business as well as the fixed income team to drive business growth in real estate debt as traditional lenders retreat from the market.
Feeney has been active in the commercial real estate market since 2004. He was a co-founder of Bank of America’s European and Asian real estate lending platforms and most recently headed Bank of America Merrill Lynch's Asia real estate Special Assets Group with responsibility for the region's legacy debt book.
'Investor interest in real estate debt continues to increase aided by a retraction in bank lending and attractive risk-adjusted returns,' said Andrew Creighton, director of Henderson Global Investors Property.
'Asset managers, in particular those with proven expertise in managing real estate and asset-based lending experience, are uniquely positioned to provide solutions in the current environment,' commented Feeney. 'Secured debt offers diversification benefits for a traditional institutional portfolio, where access to quality stock in the direct market is poised to remain ultra competitive from global investors.'
