Privately-owned real estate investment manager Redevco has appointed Robbert Zoet as head of capital raising.
In this new role, Zoet has been tasked with driving the growth of Redevco’s investor base, including setting up partnerships, joint ventures, club deals, and pooled investment vehicles.
Based in London, Zoet starts as of 16 August in Redevco’s client & fund management team as managing director. He will report to Herman Jan Faber, co-head client & fund management and responsible for external clients and business development.
Faber said: 'We are happy to welcome Robbert to our business development team as his experience will be of great value to execute our strategy to grow significantly and to be an investment manager across sectors in the urban landscape.
'We have ambitious targets in place to boost our AuM to €10 bn over the next five years and attracting further third-party capital is a crucial to get there.'
Zoet commented: 'I am looking forward to joining Redevco in this exciting phase of expansion.
'My new role is particularly compelling as I will be able to contribute to a transformational change in Redevco’s history in which the company is expanding its horizon by launching products beyond the retail real estate sector and is planning to significantly grow the share of third-party capital in the total invested volume Redevco is managing for its clients.'
Some 75% Of the investment manager’s acquisitions in the past five years have been outside of fashion retail and future investments will largely be concentrated in mixed-use urban locations, as the blurring of boundaries between real estate asset classes accelerates. The investment manager now seeks to diversify across property sectors beyond retail and expand its assets under management by a third, or a further €2.5 billion, to €10 bn by 2025.
Having worked for companies such as Lombard Odier, JP Morgan, Morgan Stanley, and Fair Lead Partners, Zoet brings extensive experience in and knowledge of capital markets and the areas of equity raising and fund management. He joins Redevco from Moorfield Group, where he was head of capital markets.
