The management of 4IP and Sal Oppenheim Corporate Finance, Switzerland has together determined that 4IP's future success can best be achieved under management ownership. Under the management of Ulrich Kaluscha and Claudia Reich Floyd, 4IP will continue to be based in Zurich with all current dedicated staff.
4IP Management Ltd is a dedicated specialist of listed and non-listed real estate investments which advises both institutional and high net worth investors on their global real estate investments. The 4IP team considers the management buy-out (MBO) an opportunity to ensure a secure, long-term relationship for its clients through the bound commitment of the management team. Management is convinced that its considerable experience in indirect real estate investments as well as 4IP's existing track record, will provide a solid foundation for success.
Ulrich Kaluscha, CEO and Head of Non-Listed Real Estate Funds, emphasizes the great opportunity that working in an independent setup provides for investors: "The team believes that indirect real estate investments offer attractive opportunities in the coming years and therefore will play an important role in the asset allocation of investors. We look forward to providing independent professional advice during this important part of the cycle. The demand for an improved 'alignment of interest', which has increasingly been the focus of investors over the last couple of years, is evidently addressed in an owner-managed business."
Claudia Reich Floyd, Head of Real Estate Securities, sees the MBO as a logical progression for 4IP: "The entrepreneurial spirit of the team and the prospect of an equity participation in the business proved the determining factors in my decision to join 4IP from Citi Property Investors almost three years ago. I am convinced that a stable, successful investment strategy is closely linked to a long-term commitment from the team. We are all delighted to have completed the MBO and are looking forward to an exciting year ahead. I see great potential to enhance the existing positive track record of the Real Estate Securities team further."