Evonite, the London-based and independently owned European value-add real estate partnership, has revealed its two additional founding partners are José Pellicer and Chris Warren.
Pellicer, who joins as partner, strategy and Warren who joins as partner, finance and operations will team up with Paul Hampton, CEO, Charles-Nicolas Tarrière, partner, portfolio management and Kevin Muscat, partner, investments.
The five founding partners previously worked together at Rockspring, and subsequently Patrizia, for over 10 years on the TEP value-add fund series. Their shared credentials include having invested over €3.5 bn across 14 European countries on behalf of four closed end funds.
As partner in charge of strategy, Pellicer’s responsibilities will include heading up Evonite’s investment and ESG strategies, chairing the investment committee, being a key member of the capital raising team and overseeing the firm’s marketing and communications activities.
Pellicer has over 25 years’ experience in the real estate industry and prior to Evonite was the global head of investment strategy at M&G Real Estate where he chaired the global investment committee.
Warren will head up Evonite’s finance and operations responsibilities across the business including fund-related treasury, tax and structuring, regulation, and compliance functions. He has over 20 years’ experience in real estate investments and prior to Evonite, spent over two years at Realty Income as head of dinance (Europe) where he built from inception the international corporate finance team.
Launched in May 2024, Evonite will pursue a thematic investment strategy.
Said Pellicer: 'The real estate industry is currently undergoing one of the most interesting tectonic shifts I have experienced in my career. The geopolitical, economic and investment environment is fundamentally changing. In periods like this it is important to be flexible and nimble, but also to count on strong foundations.'
Added Warren: 'It is great to be working with Paul, Charles, Kevin and José again. Whilst we share a long dated transactional and fund formation history, it is also exciting to have the opportunity to establish a cutting-edge, next generation operational and controls framework from the outset.'
