Deutsche Finance hires ex-Lone Star director to lead Madrid office
London-based investor Deutsche Finance International has appointed a former director at Lone Star’s Spanish arm as its new investment director for southern Europe, to lead its new Madrid office.
Gómez Vega will take up the newly created role after nearly four years at developer Neinor Homes, which Lone Star exited in early 2018.
As a director at Lone Star Spain, which he joined in 2015, Gómez Vega oversaw the sourcing and execution of around €1.5bn (£1.1bn) of investment opportunities in Iberia.
London-based investor Deutsche Finance International has appointed a former director at Lone Star’s Spanish arm as its new investment director for southern Europe, to lead its new Madrid office.
Gómez Vega will take up the newly created role after nearly four years at developer Neinor Homes, which Lone Star exited in early 2018.
As a director at Lone Star Spain, which he joined in 2015, Gómez Vega oversaw the sourcing and execution of around €1.5bn (£1.1bn) of investment opportunities in Iberia.
He was appointed as chief capital markets officer at Neinor in 2017, where he was responsible for executing its €1.3bn IPO on the Madrid Stock Exchange.
Before that, he was chief executive of Lone Star-owned Vilamoura World. Previous roles also include four years at Deutsche Bank in London.
DFI’s recent deals in the Iberian regions have included the acquisition of a diversified seed portfolio of residential rental properties; an off-market special situation investment into several residential development projects in the Costa Del Sol; and two offices in Lisbon.
The firm also invests into Spain’s resi rental sector through Elix Vintage Residencial Socimi, which is backed by KKR and Altamar Partners.
Gavin Neilan, co-founder and co-managing partner at DFI, said: “Southern Europe is a primary investment market for us and, having already assembled a significant portfolio in Spain and Portugal, we have a strong foundation to expand our activities across the region where we see significant value potential, which we believe will be amplified by market dislocation in the short to medium term.”
Vega added: “I expect that, from the newly established Madrid office, I will be able to contribute to the growth of the firm as the region recovers from the current crisis.”
DFI manages more than €2.4bn of assets.
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