Newcore Capital, the UK-focussed real estate investment manager specialising in social infrastructure, has created a new role by appointing Anne Copeland as head of institutional capital.
This hire follows the close of Newcore’s fifth value-add fund, Newcore Strategic Situations V, on £190 mln (€224 mln) and the launch of its new core-plus fund, the Newcore Social Infrastructure Income Fund, which is targeting £375 mln to address critical societal needs, with a first close expected during Q4 this year.
Copeland, who is an ex-Alpha Real Estate, Aegon, Aviva and Schroders professional, will work directly with COO, Neil Sarkhel, and other members of the senior team, to create and manage funds for Newcore’s institutional clients.
She is the eighth hire in the past year – including the recently appointed Charles Weeks as a senior advisor - and means there is a 50/50 male-to-female ratio for the senior management team.
Hugo Llewelyn, CEO, said: ‘We are delighted to welcome Anne Copeland to Newcore. Having known Anne since 1995, I highly regard her expertise in managing institutional capital.’
‘Her commitment to creating ethical, sustainable solutions in UK social infrastructure, social care and housing aligns perfectly with Newcore’s values. We have long sought an alternative to current social housing models, and Anne brings the shared vision, experience, and energy to achieve this.’
Nodding to the UK general election, Copeland added: ‘This week marks a crucial turning point, offering a timely and incredible opportunity for patient capital to support society's most vulnerable individuals.'
Newcore was founded in 2011.
