Benson Elliot, the UK-based private equity real estate fund manager, has announced a number of management changes to support the Company’s ongoing strategic growth and development. All changes will take effect from 1 January 2018.
Marc Mogull will transition from his current role as Managing Partner to Executive Chairman and Chief Investment Officer. Trish Barrigan, who co-founded Benson Elliot with Marc in 2006, will take on the position of Managing Partner. Jco-founde, and James Jakeman, Partner, will jointly oversee the investment portfolio under Trish’s direction.
Separate to these changes, Benson Elliot Partner Philipp Braschel, who has been co heading the Company’s operations in German speaking countries alongside Principal Georg Strassner, will leave the Company to pursue other interests. Following Philipp’s departure, Joseph De Leo will take over as Partner responsible for the company’s activities in Germany, working alongside teams in Munich and London. Before joining Benson Elliot in 2008, Joseph had been based in Frankfurt with Fortress Investment Group, from where he oversaw a team of 40 professionals assembling and managing a €5bn property portfolio.
Commenting, on the management changes, Marc Mogull, Benson Elliot Managing Partner, said: “This is a talent-driven business, and I’m proud of the team of skilled professionals we’ve assembled and developed at Benson Elliot. Trish has been a critical part of that team since we set up the business together, and she’s been a key contributor to the firm’s success. The entire senior management team at Benson Elliot has earned its stripes through the ups and downs of the past decade, but it’s clear now, with the business on a sustained growth trajectory, that managing the firm and the funds, whilst simultaneously acting as CIO and fiduciary-in-chief, is too big a job for any individual."
