LGP Recruits James O'Neil from Grosvenor.
10 February 2014
Legal & General Property (“LGP”/ the “Company”) announces that it has appointed James O’Neill as Head of International Distribution, supporting its UK Property Income Fund (“UK PIF II”) and the development of other internationally accessible fund products.
James joins the Company from Grosvenor Fund Management, where he was Director of Capital Markets, a role in which he was responsible for European and Canadian investor relations, new product development and capital raising. Having joined Grosvenor in 2007, James was previously at PricewaterhouseCoopers, where he held a variety of business development roles.
Further adding to the diverse range of skills and expertise held across LGP’s fund management platform, James’ appointment to the business development team reflects an increasingly ambitious growth agenda. Focused on clients’ changing needs and appetites, LGP continues to leverage upon its success in developing new and innovative products that enable investors to access real estate across multiple UK strategies.
Reporting to Charlie Walker, Director of Business Development and fund manager to UK PIF I and UK PIF II, James will be closely involved in the capital raising process of UK PIF II as part of his role. Following its launch last year, the second in the UK Property Income suite of funds, UK PIF II has already secured significant equity from an international audience of investors and continues to be highly regarded as a result of the proven track record of success and fund structure of the maiden fund.
Charlie Walker, Director of Business Development at Legal & General Property, said: “Bringing with him considerable experience in investor relations, product development and equity raising, James joins LGP at an exciting time as we continue to develop new and innovative fund offers.”
Notes to editors
Legal & General Property
Legal & General Property (LGP) is a wholly-owned subsidiary of Legal & General Investment Management (LGIM), one of Europe’s largest institutional asset managers and a major global investor. LGIM manages approximately £443bn in assets on behalf of more than 3,100 clients (30 September 2013) and provides products and solutions spanning all asset classes. LGP is the third largest institutional property fund manager in the UK, managing or co-managing 16 separate funds or vehicles and two segregated mandates with an aggregate asset value of £11.6bn as at 30 September 2013. These funds include:
Specialist Pooled Funds
The Leisure Fund Limited Partnership; Industrial Property Investment Fund; Arlington Business Parks Partnership; and the English Cities Fund
Single Asset Vehicles
Bracknell Regeneration Partnership; Central Saint Giles Partnership; Performance Retail Limited Partnership and Warrington Retail Limited Partnership
Life Fund; Linked Pensions; Linked Life; Managed Fund; Property Unit Trust; UK Property Income Fund; LPI Income Property Fund and the Hybrid Property Fund.
LGP’s UK-focused fund management platform has built and retained a strong track record of out-performance across the sector. Owing to its size, diversity and penetration, it benefits from best in class banking and property industry contacts which, along with its wealth of in-house skill and expertise, have enabled it to continue to attract and secure high quality market opportunities. Taking a client-centric approach, the business places the highest priority upon integrity and transparency, leveraging upon the significant resources provided by the wider LGIM platform. Sector specialists cover each sphere of the market and are supported by LGP’s market-leading research capability. LGP’s sector specialisms cross all facets of the real estate market. In particular, the Company has a major development platform, responsible for delivering West End landmark building, Central Saint Giles, and Agar Street, its high profile Covent Garden office scheme, amongst others, and is currently involved in bringing forward a number of significant town-centre retail and leisure regeneration projects, including Bracknell, Trowbridge, Northampton and Eastbourne.
Legal & General Property Limited. Registered address: One Coleman Street, London EC2R 5AA. Registered in England 2091897.
For more information please contact:
PR Manager, Legal & General Capital and Real Assets, LGIM (Property, infrastructure and alternative finance)
t: + 44 (0) 203 124 2777
m: + 44 (0) 7718 395 279
About Legal & General
Legal & General Property Limited.
One Coleman Street
London EC2R 5AA.
Registered in England 2091897.