RE Capital appoints group fund manager

Pan-European investment, development and asset management company RE Capital has appointed Devon Olander as group fund manager to facilitate the firm’s continuing strong growth. Olander joins from Skybound Capital Group, a long-term partner of RE Capital, where he was head of operations and managed its investment funds for more than 13 years. At Skybound, he was a board member on several key strategic investments and a member of the group’s executive committee. Olander joins RE Capital’s team as part of its executive committee to support the building out of the company’s Luxembourg investment platform. Olander’s primary focus will be on the management and oversight of RE Capital’s fund investment platforms, the facilitation of investment into a deal pipeline and the delivery of consistent risk-adjusted returns for the fund’s unit-holders. RE Capital’s European Fund invests via a balanced combination of equity and debt in a wide range of real estate asset classes such as offices, hotels, residential, industrial, logistics and student and retirement housing, and includes land plots for development. Olander said: “Regardless of whether the asset class is build-to-rent, student housing or office and logistics assets, RE Capital’s approach is one which places wellbeing and sustainability at the forefront. I am delighted to have the opportunity to continue to support the growth of this team and its investments.” Newman Leech, chief executive of RE Capital, said: “As RE Capital continues to grow, both in our team and in our assets under management, we continue to place a premium on supporting and giving back to our communities. As our group fund manager, Devon will be central to our plans to invest responsibly, for people, planet and profit.” To send feedback, e-mail akanksha.soni@eg.co.uk or tweet @AkankshaEG or @EGPropertyNews Photo courtesy of SEC Newgate