LGP recruits Imogen Ebbs from Lloyds Banking Group
Legal & General Property (LGP) has appointed Imogen Ebbs as a senior asset manager, to support its LPI (Limited Price Inflation) Income Property Fund.
Ebbs joins the company from Lloyds Banking Group, where she was an associate director working in Lloyds’ property solutions team as part of the bank’s UK property deleveraging programme.
Prior to Lloyds, Ebbs spent four years at Mapeley Estates as an asset manager within the office sector, as well as two years at DTZ on the graduate scheme.
She will report to directly to senior fund manager Derek Gilby, supporting the LPI Income Property Fund, which is now in excess of GBP315m. Launched in 2010, the fund offers defined benefit pension schemes a way to invest in property with secure, primarily government-backed, long-dated, inflation-linked sources of income. The fund returned nine per cent over the year to the end of September 2013, 4.2 per cent ahead of IPD PFI All Property Index return.
Gilby says: “With experience working across a number of diverse and often complex property portfolios across all asset classes, including alternative sectors, Imogen’s skills complement those already held across the platform. The fund continues to take advantage of the sale and leaseback assets currently being offered to LGP through its unique and extensive access to on and off-market opportunities, leveraging its in-house property expertise and close relationships with banks and public sector bodies, and we are confident that she will play an important role in supporting its next phase of growth.”