UK-focused real estate investment manager Moorfield Group unveiled a leadership shakeup and team promotions.
After 28 years with the company, Moorfield's founder and current CEO, Marc Gilbard, will transition to the newly created role of executive chairman.
Charles-Ferguson Davie, CIO since 2005, will be promoted to co-CEO while retaining his CIO responsibilities. This creates a co-CEO leadership structure.
Moorfield's Board of Directors welcomes two new members with extensive company experience.
Sadie Malim has been appointed as chief legal & corporate development officer, while Steve Hall joins the board as CFO. Both have been with Moorfield for over 15 years.
Additionally, the origination team sees advancements for two members. Pablo Hutchinson has been promoted from investment associate to senior investment manager, while Oliver Wallbridge steps up from investment analyst to investment associate.
Marc Gilbard, executive chairman and co-CEO of Moorfield Group, said: ‘The restructuring of our senior leadership team will serve to strengthen both our Board and Company by taking advantage of our long established complementary and diverse skill set, thereby also ensuring we retain Moorfield Group’s position as a leading UK-focussed real estate investment manager. Moorfield’s focus is currently on the living and storage sectors which we believe to be supported by structural drivers of demand and a shortage in suitable supply’’.
Charles Ferguson-Davie, co-CEO and CIO at Moorfield Group, added: ‘Our thematic approach to investing by targeting sectors marked by growing demand, a lack of fit-for-purpose supply and low levels of institutional ownership, has positioned us well for the coming cycle. A reallocation is taking place within institutional investors’ real estate portfolios, with alternative real estate asset classes becoming increasingly mainstream thanks to compelling structural supply/demand dynamics, greater insulation from GDP fluctuations and the promise of inflation-linked income.’
