Pan-European multi-let investment manager Valad Property Group has appointed Ben Segelman as fund manager, based in its London office. He takes responsibility for the EUR 250 mln European Commercial Real Estate fund, comprising 53 assets across Germany, the Netherlands and the Nordic region.

Pan-European multi-let investment manager Valad Property Group has appointed Ben Segelman as fund manager, based in its London office. He takes responsibility for the EUR 250 mln European Commercial Real Estate fund, comprising 53 assets across Germany, the Netherlands and the Nordic region.

Segelman was formerly portfolio and acquisition Manager at Valad, working on the Group's funds in the UK and Europe.

This move comes as result of Valad's strategy of expanding its EUR 4.7 bn fund and asset management business across Europe through providing investors and banking partners with a holistic solution of asset management skills, structuring expertise and investment capital for their portfolio needs.

Valad is working with a number of leading financial institutions to provide creative solutions to their complex portfolio needs, many of which require multi-jurisdictional capabilities and involve assets needing intensive management.

Valad has a network of 20 offices in 12 European countries and holds the strength of its local asset management teams, which have been operating in their local markets for over 15 years, as key to providing effective solutions for its clients.

Prior to joining Valad in November 2006, Segelman was an investment agent at fund management firm Fletcher King.