French Scor group's portfolio management unit Scor Investment Partners has announced the promotion of Gilles Castiel to head of real estate, with effect from December 1, 2018.
Castiel, aged 50, will replace Jean Guitton who is retiring after over 18 years as head of the Scor Group's real estate activities.
He will be in charge of the SCOR group’s direct and indirect real estate investments as well as its real estate debt activity (senior and mezzanine debt funds), reporting directly to François de Varenne, Chief Executive Officer of Scor Investment Partners.
Castiel joined Scor Investment Partners in February 2013 as head of real estate debt. In that role, he developed the mortgage fund activity, which amounts to a total of €1.2 bn of capital raised from the Scor group and external investors.
Prior to joining Scor Investment Partners, he worked for Eurohypo in Paris as head of French origination.
Senior real estate debt fund nanager Sandrine Amsili, aged 40, will succeed Gilles Castiel as head of real estate debt. She has managed the real estate debt funds of Scor Investment Partners alongside Gilles since November 2013, actively contributing to the growth of the business.
She started her career in 2002 as an acquisition analyst for several real estate investment funds at CBRE Investors. In 2004, she became asset manager for French and German assets. She joined Eurohypo Bank in 2005 as a credit manager.
Scor Investment Partners manages a portfolio of €19 bn on behalf of the Scor group. Created in 2008 and authorized since May 2009 by the French financial market regulatory body AMF, Scor has more than 65 employees and is structured around six management desks: Aggregate, High Yield & Leveraged Finance, Infrastructure Debts, Equities & Convertible Bonds, Real Estate and Insurance-linked Securities.
