Guggenheim Partners, the privately held financial services firm, has appointed Jonathan Goldstein as its inaugural head of real estate and direct investment for Europe.
Goldstein’s focus will be on identifying opportunities for long-term investments and partnerships in real estate in the UK and Continental Europe.
Goldstein, who will be based at Guggenheim’s London office, joins from Heron International, where he had worked since 2008 and was deputy chief executive.
His appointment was effective 1 January 2014.
“Jonathan joins us to expand the scale of our European investing, in keeping with our mandate to source and originate above-market real-estate and infrastructure investment opportunities for our clients,” says Henry R Silverman, Guggenheim Partners’ global head of real estate and infrastructure. “Jonathan’s exceptional knowledge of direct investing in real assets in the UK and on the Continent, together with his background in finance, management and law, make him the ideal person to lead our expansion in Europe.”
Goldstein says: “I am excited to become part of the Guggenheim team, which has a depth of talent to match its global investment activities and a network of loyal investors in literally every gateway city in the world. A real opportunity exists to build a substantial presence in the UK and Continental European real estate markets; I look forward to helping the firm to discover and develop opportunities throughout Europe leveraging off my extensive experience in these markets.”
As deputy chief executive of Heron International from 2008 to 2013, Goldstein had primary responsibility for all of the group’s corporate and financial affairs involving assets in the UK, Spain, France and Sweden.
As chief executive of Ronson Capital Partners, a real estate investment club founded in June 2010, he spearheaded the acquisition of two luxury residential developments in London with a combined gross development value in excess of GBP600m. He was also instrumental in the acquisition of, and is a limited partner in, the Rontec acquisition in 2011 of 500 Total petrol stations in the UK.
Prior to joining Heron in 2007, Goldstein spent 15 years at Olswang, the London-based international law firm, including the last nine as chief executive and was the youngest senior partner of a City law firm.