Aberdeen Asset Management announces that Francoise Pfeiffer has joined the Board of Directors of the Aberdeen European Balanced Property Fund and the Aberdeen European Shopping property Fund as of June 1, 2011.
Pfeiffer is Partner and Head of the Luxembourg branch of the British law firm Speechly Bircham Pfeiffer & Partners. She acts primarily for commercial and private banks, investment funds and private individuals, and has particular expertise in corporate and banking matters as well as investment management. Pfeiffer specializes in providing advice on investment management, including the set up of private equity, venture capital and real estate funds.
Nico Tates, Fund Director, commented: "We are delighted that Francoise has joined the Board of Directors of our funds as independent director. She is highly regarded in the market and brings along long-term experience and expertise in the field of real estate investment funds. In addition, as independent director based in Luxembourg, she will add to the professionalism, transparency and independence of the Board of Directors."
Aberdeen Asset Management has also appointed Roberto Varandas as Global Head of Business Development - Property.
This newly-created role is aimed to keep pace with the increased complexity and diversity of Aberdeen's global client base. Varandas and his four-strong team will work closely with the Group's generalist Business Development and wider Distribution teams in delivery of the Aberdeen's property capability to its worldwide client base. He will start his new role in September.
Varandas joins from UBS Global Asset Management's Global Real Estate (GRE) business where he was Head of Business Development for Continental Europe. At UBS, Varandas helped roll out the Group's real estate platform, including all global property products, and steered their base of European clients through the recent downturn.
Prior to joining UBS, he was a Vice President at Capital & Marketing Group (2004-2007), and involved in raising over 6 billion of equity. Varandas is a dual Canadian/Portuguese national and holds an MBA from London Business School.
Chris Ellyatt, Global Head of Business Development, comments: "I am delighted that Roberto is joining us in this new business development role. His expertise and knowledge of the property sector will help expand further our property investor client base."
Source: Aberdeen Asset Management/Maitland