A team of experienced European real estate professionals have announced the launch of a new London-based and independently owned European value-add real estate partnership. Evonite has been set up to challenge the status quo with a vision to build on a philosophy of delivering consistent and meaningful performance for its investors across vintages.
The founding partners of Evonite boast a shared performance track record having invested together through multiple real estate cycles and crises. Founding partners include Paul Hampton, CEO, (formerly Head of International Fund Management at PATRIZIA), Jose Pellicer, Partner, Strategy (formerly Head of Global Strategy at M&G Real Estate), Charles-Nicolas Tarrière, Partner, Portfolio Management (formerly Managing Director at PATRIZIA), Kevin Muscat, Partner, Investments (formerly Head of Transactions at Mileway) and Chris Warren, Partner, Finance and Operations (formerly Head of Finance at Realty Income).
The founding team worked together for over 10 years at Rockspring Property Investment Managers on the market renowned TEP value-add fund series. Between 2007 and 2022 the TransEuropean (“TEP”) series invested EUR 3.5bn into 14 European countries generating a 20% IRR p.a.1
In order to best support its fund investors, Evonite will pursue a thematic investment strategy underpinned by deep macro research, occupational market dynamics, risk analysis and asset management opportunities. The partnership will be sharing more details on its maiden fund programme later this year, alongside additional senior hires.
Redwood provided the comms support to help launch Evonite to the market securing media coverage across international investment and real estate press. This included articles in PERE, Green Street News, Business Immo, Immobilien Zeitung, IPE Real Assets, IREI, and Nordic Property News.
