London, 22 September 2015 – Redevco Investment Management, established by retail real es-tate specialist Redevco for third-party investors, has assigned new roles to its managing direc-tors, Manolito van Ardenne and Adam Starr, as part of its ambitious growth plans for the external funds business.
Andrew Vaughan, Redevco’s CEO, said: “Our experience shows that the best results are achieved by putting people in positions where they can draw on their specialist skills and be tight-ly focused. We already have specialist local teams in place that use their knowledge of local markets to find and source the best deals. We are now putting additional emphasis on our in-vestment management activities and with even greater focus on investor relations and acquisi-tions with two new, dedicated roles.”
Van Ardenne, 38, takes up the Head of Capital Markets role with a focus on capital raising as well as managing client portfolios, fund operations and investor relations. He has worked at Re-devco for nine years and prior to his appointment as managing director of the funds business in 2014 held various finance and management roles in the group.
Starr, 43, is appointed Head of Acquisitions with responsibility to coordinate deal sourcing and manage transactions across the Redevco organisation working closely with Redevco’s local teams who remain responsible for the actual sourcing of the deals. Starr has held various com-mercial and management roles since joining the company in 2002 before his appointment in his current two functions as managing director of Redevco U.K. in 2013 and managing director In-vestment Management in 2014 – both of which he will continue following this appointment.
The new assignments for van Ardenne and Starr take immediate effect.