London-headquartered European real estate investment and asset manager Valesco has made a trio of hires from Rothschild & Co, Tristan Capital Partners and Cara Investment to boost its real estate division.
Amit Thakkar and Alexander Giergen have joined as vice presidents, and Ashleigh Adams has joined as an associate.
Based in London, Thakkar, Giergen and Adams have joined Valesco’s rapidly growing investment management platform to support with the origination, underwriting and execution of new acquisitions as well as contribute to Valesco’s programme of value enhancing asset management initiatives.
With over a decade of investment banking experience, Thakkar joins Valesco from the real estate advisory team at Rothschild & Co, where he advised on M&A, equity capital markets and strategic advisory transactions in the real estate and leisure spaces across the UK and Continental Europe. He was previously an associate director in HSBC’s EMEA Real Estate and Hotels investment banking team.
Giergen joins Valesco from Frankfurt based investor Cara Investment, where as an investment director, he was responsible for the acquisition of core, value-add and opportunistic investments across Western Europe and the United States.
On behalf of Cara’s generational and tactical vehicles, he led around 30 equity and debt transactions with an investment volume of more than €1.4 bn. He was previously with Credit Suisse, working on acquisitions and sales of core, core plus and value add properties for the bank’s European open-end and closed-end real estate funds.
Adams, who has over a decade of experience in real estate and finance, joins from Tristan Capital Partners, where she was involved in the fund management of approximately €3 bn of equity commitments across pan-European opportunistic real estate funds.
Prior to this, she worked at Global Student Accommodation, where she supported the development of the largest purpose-built student accommodation in Germany.
Shiraz Jiwa, Founder and CEO of The Valesco Group, commented: 'Amit, Alexander and Ashleigh join us during an exciting period of growth, as we continue on our drive of disrupting the status quo of the private real estate space.
'This recruitment drive reflects our ambitions as a business and we remain on the lookout for pioneering and talented individuals to complement our existing team.'
