Corestate continues to strengthen its pan-European platform (EU)
Tuesday 19 July 2011
|CORESTATE Group, a specialist private equity investor based in Zug/Switzerland, with partner offices in Frankfurt, London and Luxembourg, has made a number of strategic appointments which will further strengthen its European investment and asset management expertise.|
|Making four additional appointments, it has recruited Jerry Melchionna to its origination team in its London office as well as a Director and two Associates to its London and Frankfurt based teams. |
Jerry Melchionna brings over 30 years of real estate investment, origination, finance, securitization, and advisory experience to CORESTATE. Before joining the team in London, Melchionna was a Managing Director at Oppenheimer Investments AG in the US, where he managed a global team of structured and project finance professionals providing advice on infrastructure and real investments in the Middle East and Eastern Europe.
In the Frankfurt office, Marco Lüder has joined as Director of the commercial portfolio asset management team. Lüder previously held positions at Inovalis and Hudson Advisors in Germany, where he developed a broad range of specialist asset management skills.
Sebastian Zilles, one of the London-based Associates, brings with him several years of experience in the real estate investment and asset management sectors. He previously worked for Argoneo Real Estate and Morgan Stanley in Frankfurt.
Julien Abello, who also joins the London office as an Associate, previously worked in JER's London-based investment team, where he held an analyst role, dedicated to monitoring commercial assets in Finland, Switzerland and the UK, particularly focused on the office and hotel sectors.
Phillip Burns, CEO of CORESTATE, commented: “The high caliber of these new appointments is an endorsement of our continued investment into the business, strengthening our pan-European platform in order to position us to take advantage of market opportunities as they arise. The growth of the CORESTATE business is based on its ability to execute and manage very complex transactions and we believe that these new additions strongly complement our existing team.”