Global private markets firm Partners Group has strengthened its real estate business with the appointment of Henrik Orrbeck as co-head of Real Estate Europe based in London, UK.
Orrbeck, who will join the firm in March, will act as co-head of Real Estate Europe alongside AJ Jager, who is a managing director within the team. He has over 20 years of industry experience and joins from EQT where he was a partner and founding member of the firm's real estate business.
During his time at EQT, he raised two funds and built a European team which invested in direct assets, operating partners, and public companies. Prior to EQT, Orrbeck spent nearly ten years at Carlyle, rising to director for the Nordics.
The announcement follows the appointment last week of Karim Habra as global co-head of Real Estate alongside Mike Bryant, who is a partner and the firm's current head of Real Estate.
In addition, Partners Group also announced that Stephen McCall is joining in February in the newly created role of global head of Platforms & OpCos. McCall, who has more than 25 years of operational leadership experience, will be responsible for overseeing the firm's strategy for investing in real estate management teams and operating companies.
This is designed to give the firm exposure to the full value chain in real estate investing, from sourcing through to managing and exiting an asset. McCall was previously CEO at edyn Group, an international hybrid hospitality platform owned by Brookfield Asset Management. Prior to that, he spent nearly 17 years at IHG plc, most recently as Chief Operating Officer for Europe.
The appointments 'reflect Partners Group's commitment to further scaling its real estate business, which currently has $17 bn in assets under management', the company said in a statement. 'Partners Group sees higher relative value in alternative and operational real estate, as well as the logistics and residential sectors,' it added.
'Private markets are set to play a critical role in transforming real estate assets to meet powerful thematic growth trends, such as decarbonization, changing consumer preferences, and digitization. We have a clear strategic vision for how we want to grow our Real Estate business,' commented Juri Jenkner, President, co-head of investments, Partners Group.
