UK - Schroder Property Investment Management (Schroders) has appointed Toby Springett as the third member of its newly created real estate ventures group, working alongside Joe Froud and Robin Pearce.
The group, led by Froud, has been formed to focus on Schroder’s two venture funds, Gresham Property Partners LP and the recently launched Gresham Real Estate Fund II.
Springett joins from HSBC Specialist Investments Limited where he focussed upon entrepreneurial UK property investment.
“Opportunistic funds are generally far more focussed upon good stock selection and have a different fee structure to traditional funds,” Froud said. “To ensure that all our clients continue to benefit from Schroders expertise in stock selection, we have created a dedicated real estate ventures group to ensure that the ventures management team are properly aligned with their investors and deal flow conflicts are avoided.”
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