CBRE Global Investors has reorganised its separate accounts business line to meet client demand for cross-border investment.
The new operating model harnesses the existing experience for separate accounts into a co-ordinated and integrated approach across all regions.
This new business model will enable single and multiple country separate account mandates to be managed in a more streamlined organisation.
The separate account business line will have a dedicated board chaired by James Clifton Brown who will contribute his experience and knowledge of pan-Europe and the US to this new EMEA business. John Ozinga will join this board with direct continental European responsibilities, in addition to being country manager of France. They will continue to report to Pieter Hendrikse (pictured), chief executive EMEA. Michael Ness will continue to run the UK separate account business within the EMEA wide operation.
Hendrikse says: “We felt that we needed to adapt our business model to meet the demands of our clients who are looking for cross-border investment strategies. Our designated business line will support our separate accounts teams and have an integrated approach across EMEA. James, John and Michael have an in-depth understanding of the separate account business and by pooling their knowledge and expertise we believe this will benefit our clients and the company long term.
“The new business line will enable us to benefit from cross-border knowledge and expertise to better support our clients as well as providing a co-ordinated approach for clients who want to invest on a pan-European basis.”