Immobel Capital Partners, the London-based investment management business of Immobel Group, announces the appointment of Andrew MacDonald as Head of Finance & Joint Ventures. He joins a growing senior team which has been assembled since the start of the year focused on green strategies that are fully aligned with the objectives of long term investors and partners. Andrew has spent circa 15 years working alongside Duncan Owen, CEO of Immobel Capital Partners.
Based in London, Andrew will work with Duncan, who joined to establish Immobel Capital Partners as CEO in January, together with Maureen Mah von Staszewski as Head of pan European Office, Monica O’Neill as Head of Capital and Investor Relations and Melinda Knatchbull who joined as the Finance Director and COO. Immobel Capital Partners focuses on creating ‘Green’ pan European investment strategies in the office and residential sectors where Immobel Group is already a market leader.
Andrew will be responsible for originating, structuring and managing joint venture investments and debt and corporate finance. He joins from Schroder Real Estate, where he was Head of Real Estate Finance and spent ten years covering debt financing, capital structuring and financial underwriting. His role spanned individual investments, joint ventures and funds across a range of different real estate sectors and strategies in the UK and Europe. During his time at Schroders he was instrumental in the launch and management of several listed and unlisted vehicles and was also a member of the Global Indirect Investment Committee and the Investment Committee for the Income Plus Real Estate Debt Fund.
He previously spent four years at Invista Real Estate Investment Management as a Director of Opportunity and Commercial Listed Funds. He has spent 15 years working alongside Duncan Owen, CEO of Immobel Capital Partners and Melinda Knatcbull the FD and COO.
Commenting, Duncan Owen, CEO, Immobel Capital Partners, said: “Andrew is a highly respected real estate professional with a consistent track record of succssfully executing on wide ranging and sophisticated strategies. We have quickly assembled a senior team steeped in the European real estate space and with an outstanding track record of performance for trusted investors. We are now looking to accelerate the roll out of our thematic based investment proposition [with our second Office Green Office Strategy].”
Andrew MacDonald, added: “Immobel Capital Partners has a unique combination of vision, capabilities and experience to launch and then scale a genuinely differentiated real estate offering, and I am excited by the opportunity to lead its finance and joint venture efforts and to work alongside a team with a long term track record of out performance.”