18th May 2009 11:46
18 May 2009
Charlemagne Capital
Michael Russell appointed Head of Private Equity - Property
Charlemagne Capital is pleased to announce the appointment of Michael Russell as Head of Private Equity - Property, based in London with immediate effect.
Michael will be responsible for overseeing and developing Charlemagne's Private Equity team and projects within European Convergence Property Company plc, European Convergence Development Company plc and the BRIC property programme. Michael will also play a lead role in raising further funds for property investments within Charlemagne. Michael takes over day to day responsibilities from David Curl.
Michael joins from Jones Lang LaSalle Corporate Finance ("JLL") where he was a National Director in the Private Equity team operating a number of non-discretionary private investor property funds. Within JLL Michael was also responsible for developing and operating a development company set up with Middle Eastern backers. He is a qualified accountant who has spent much of his career within the property development industry, including most recently being CFO of Parkview, the developer of Battersea Power Station and COO/Group FD of Chelsea Village PLC.
Jayne Sutcliffe, Chief Executive of Charlemagne Capital, commented:
"We are delighted to have hired Michael to lead our Private Equity team. He is highly experienced in the sector and has a proven track record spanning fund raising, deal structuring and negotiation, property development and operational management which will be a great asset to Charlemagne."
Enquiries:
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Charlemagne Capital |
Tel. 020 7518 2100 |
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Jayne Sutcliffe, Chief Executive |
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David McMahon, Finance Director |
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Smithfield Consultants |
Tel. 020 7360 4900 |
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John Kiely / Gemma Froggatt |
Notes to Editors:
Charlemagne Capital is a specialist emerging markets equity investment management group. Charlemagne Capital Limited was admitted to the AIM market of the London Stock Exchange on 4 April 2006.
Charlemagne's product range comprises mutual funds, institutional and specialist fund products and hedge funds primarily covering GEMs, EMEA, Latin America and Asia. Charlemagne Capital employs a range of investment strategies including: long only, long/short, structured products and private equity. Charlemagne Capital's funds aim to exploit the inefficiencies in the market via a strict bottom up approach and focused stock selection.
Related Shares:
CCAP.L