Pi Labs hires head of capital raising

Pi Labs has hired Levi Levenfiche as head of capital raising to lead the VC’s global fundraising rounds.  Levenfiche was previously a project management associate at Hodes Weill & Associates, where he helped drive the firm’s real estate private equity fund raising activity across the EMEA region. He joins the VC following the first close of its third institutional fund, which attracted investment from companies including Great Portland Estates, Patrizia, Revcap and Assura. Pi Labs chief executive and founder Faisal Butt said: “Levi is a valuable addition to the team, as we continue to strengthen relationships with institutional investors from around the world and connect them with innovative entrepreneurs who are reshaping real estate globally.  “Although the economic uncertainty from the ongoing pandemic continues, investors are still looking for opportunities to make a return on their capital, and our breadth of experience and expertise in this sector positions us to deliver on that objective.” To send feedback, e-mail lucy.alderson@egi.co.uk or tweet @LucyAJourno or @estatesgazette