Today’s City Moves includes Lasalle, Infracapital and Natixis
Lasalle Investment Management has appointed Richard Craddock as managing director of its whole loans division, which launched earlier this year with €600m (£517m) of initial commitments and invests in whole loans across western Europe, with an initial focus on France, Benelux, Iberia, and Ireland. Richard has over 12 years of experience in the European real estate finance market and joins the team from Wells Fargo where he was a director of commercial real estate, supporting investors in originating and structuring financing solutions across a wide range of asset classes and funding structures. Amy Klein Aznar, head of debt and special situations at Lasalle, said: “Richard is a great addition and strengthens our senior debt team. Given the growth and heightened investment activity of our debt and special situations business in recent years, we have made a number of strategic hires and grown the team to over 30 people. We are well placed to capture investment opportunities across Europe.”
Infracapital, the infrastructure equity arm of M&G Prudential, has announced the appointment of Wael Elkhouly as managing director of its asset management team. Wael has over 27 years’ experience in infrastructure finance and asset management, most recently working at Bastion Infrastructure Group in Toronto, where he served as partner and head of asset management. Infracapital has welcomed a number of new team members to the business over the last 12 months, as it continues to focus on opportunities for investment in essential infrastructure assets. Ed Clarke, co-founder and chief intelligence officer of Infracapital, said: “Wael brings extensive knowledge and experience to our asset management team… We are thrilled to further expand this important capability in line with our growing asset portfolio.”
Wealth management firm Natixis has appointed Joseph Pinto as chief operating officer of its investment management branch. Joseph has extensive experience in the financial services sector, working at Lehman Brothers in London, before becoming project manager at McKinsey in Paris in 1998. Joseph then became deputy chief executive and member of the board of directors of Banque Privee Fideuram Wargny, before joining AXA IM in January 2007 as head of business development for France, south Europe and the Middle East. He then took the leadership of the markets and investment strategy department in 2011 and became chief operating officer in 2014.