Friday people roundup
GLOBAL - Carmignac Gestion, Mercer, MGM Advantage, Corestate, Invista, Grosvenor Fund Management, Cornerstone Real Estate Advisers, Colliers International, Treveria, Invesco Real Estate
Carmignac Gestion - Marco Fiorini has joined the company’s sales team as head of professional clients in Switzerland. Before joining Carmignac Gestion, Fiorini was managing director for professional clients at Clariden Leu Asset Management. He started his career in 1998 at Julius Baer Investment Funds Services.
Mercer - Emma Douglas, current head of DC sales at BlackRock, will be moving to Mercer at the end of next month. While her exact role is unknown, the consultancy said it was in the process of developing a new workplace savings solution, with Douglas heading up the department. Prior to BlackRock, she spent time at Threadneedle as the company’s head of DC, so it is thought the new position will relate to the defined contribution market.
MGM Advantage - The retirement income specialist has appointed seven business development managers, all of which have come over from the Living Time sales team. The new hires include Nick Callaghan, Lyndsey Burke, Richard Turner, Bevis Renn, Fergal Cummins, Sandra Smith and Tony Grillo. MGM said the appointments were needed to help meet growing demand for its asset-back annuity, launched last year.
Corestate - Phillip Burns will take over as chief executive at the private equity real estate investment firm in February. The former Terra Firma Capital Partners managing director will be based at Corestate’s headquarters in Zug, Switzerland, but will split his time between each of the firm’s partner offices in London, Frankfurt and Luxembourg.
Invista - Chief executive Duncan Owen has stepped down from his role as he enters exclusive talks over a management buyout of the company’s asset management business. Owen retains his role as chief executive of the company’s asset management subsidiary, Invista Real Estate Investment Management. Douglas Ferrans, currently non-executive chairman of Invista, becomes executive chairman with immediate effect.
Grosvenor Fund Management - Jeffrey Weingarten is to take the role of chief executive in March, succeeding Stuart Beevor. At the same time, James Raynor, currently director for continental Europe, has been appointed to the new role of chief investment officer. Robert Davis, currently finance director, will become chief operations officer.
Cornerstone Real Estate Advisers - Rolf Könberg has been recruited as head of fund marketing and director for Nordic business development in Stockholm. He will be responsible primarily for marketing Cornerstone’s new Nordic Social Infrastructure Property fund.
Colliers International - Hadley Dean has been promoted to managing partner of the firm’s New Europe division, expanding his current executive role from six countries in central and eastern Europe to 16 offices in 13 countries and a staff of 650.
Treveria - The German retail-focused real estate investment company has appointed Eitan Milgram as a non-executive director with immediate effect. Milgram, who succeeds Yossi Raucher, was a portfolio manager and executive vice-president at Weiss Asset Management, where he worked for the last 10 years. Treveria’s asset management subsidiary has also appointed Bernhard Fuhrmann as interim chief executive with immediate effect and hired Thomas Lämmerhirt as chief financial officer, following Fuhrmann’s promotion.
Invesco Real Estate - The investment manager has hired Patricia Fontaine as a senior asset manager in its Paris office. Fontaine joins from Pramerica Real Estate Investors, where she was the asset manager of an office portfolio with properties in Paris and the French regions. Prior to that she worked for Carlyle Real Estate Advisers, where she was an asset manager for an office portfolio, covering properties in France and Belgium.