JER Partners (JER), the private equity commercial real estate investment division of the J. E. Robert Companies, has announced that Chester Barnes has joined the firm as managing director, head of European asset management. Barnes will be responsible for overseeing the asset management activities of JER' s European private equity real estate funds. He will be based in London and will report to Malcolm Le May, president, Europe at JER Partners.
JER Partners (JER), the private equity commercial real estate investment division of the J. E. Robert Companies, has announced that Chester Barnes has joined the firm as managing director, head of European asset management. Barnes will be responsible for overseeing the asset management activities of JER' s European private equity real estate funds. He will be based in London and will report to Malcolm Le May, president, Europe at JER Partners.
Prior to joining JER, Barnes was the head of asset management (Europe, Middle East and Africa) for Merrill Lynch Global Principal Investments in London.
JER manages a total of ten private equity funds with $4.9 bn in equity capital commitments in North America, Europe and Latin America. Together with its financial and operating partners, JER has purchased and managed approximately 15,000 assets totalling $28 bn across 17 countries. The firm also invests in CMBS, mezzanine financing and other structured debt products.