08.01.05
Morley boosts European property team with two new fund managers
Morley boosts European property team with two new fund managers
27 July 2005
Morley Fund Management, Europe’s largest property fund manager*, has made two appointments to its continental European property team. Gilles Chow and Gil Bar both join as fund managers, reporting to Ben Stirling.
Gilles Chow joins from Macquarie Global Property Advisers. He has been focused on the acquisition and asset management of real estate across -Europe since 2000. Prior to joining Macquarie, Gilles worked for Lend Lease in Australia, Singapore and London.
Gilles joined Morley this month and will be working on the Global Switch Fund and the Pillar European Retail Park Fund (PREF).
Gil Bar joins Morley from Standard Life where he worked for three years as a portfolio manager in the European Property Group. He was part of a small team managing around €2 billion of continental European property assets.
Gil will join Morley in August and will be involved in new fund initiatives.
Commenting on these appointments Ben Stirling, European Property Fund manager, said: “Gilles and Gil bring with them first rate experience in pan-European property fund management which will benefit our European property business. We have made great strides in this area in the last year and already have three continental European property funds under management and are looking to expand our range of funds in this area in the coming months.”
The appointments of Gilles Chow and Gil Bar brings the number of European Property Fund Managers at Morley to four. Since announcing its intention to invest in Continental European Property a year ago, Morley has launched the Aviva Central European Property Fund, the €200m Parkridge European Distribution Fund (with Parkridge) and has become investment manager of the Tri Investment European Residential Property Fund as well as providing strategic management services to the Pillar European Retail Park Fund.
*Source: OPC April 2005