AMSTERDAM, 24 February 2014 – CBRE Global Investors has appointed Michael Clarke as its Head of Investor Services EMEA.
He will be responsible for investor relations, equity raising, targeting of new investors and supporting the creation of successful investment strategies in the EMEA region.
Clarke, who will also be a member of the EMEA Management Board, will be based in London when he takes up the role in late March.
Clarke has 26 years’ experience in global real estate and joins from Mesirow Financial, where he was Senior Managing Director and Head of European Real Estate for the past three years. In this role, he focused on investing mainly US capital for its global opportunistic multi manager programme in Europe and Asia.
Prior to this, he spent 18 years at Schroders where he was instrumental in growing assets under management from £160m to over £8bn through the development of a multi-product real estate strategy. He held various investment roles until 2003 when he was appointed as Head of Property Distribution responsible for product strategy, product development, equity raising and client service.
Clarke is also an active industry participant. He is Chairman of INREV’s Secondary Market and Liquidity Committee, a member of the Steering Committee for the new INREV Guidelines due to be published in 2014, and is a regular speaker and trainer at INREV and other industry events.
“Michael joins us at an important juncture for the business in EMEA, as we see a shift in sentiment and growing appetite from investors to allocate here in the region and globally. His appointment means we can draw upon his wide range of experience from capital raising and investor relations to fund management in order to meet the expectations of our clients,” said Pieter Hendriske, CEO EMEA.
“I’m looking forward to working with CBRE Global Investors’ global platform, which has the flexibility and expertise to put together the right strategies for investors, as requirements continue to evolve,” said Clarke.
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About CBRE Global Investors
CBRE Global Investors is a global real estate investment management firm with $89.1 billion in assets under management* as of December 31, 2013. The firm sponsors investment programs across the risk/return spectrum for investors worldwide.
CBRE Global Investors is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBG). It harnesses the research, investment sourcing and other resources of the world’s premier, full-service commercial real estate services and investment company for the benefit of its investors. CBRE Group, Inc. has approximately 44,000 employees in approximately 350 offices (excluding affiliates) worldwide. For more information about CBRE Global Investors, please visit www.cbreglobalinvestors.com
*Assets under management (AUM) refers to fair market value of real estate-related assets with respect to which CBRE Global Investors provides, on a global basis, oversight, investment management services and other advice, and which generally consist of properties and real estate-related loans; securities portfolios; and investments in operating companies, joint ventures and in private real estate funds under its fund of funds program. This AUM is intended principally to reflect the extent of CBRE Global Investors’ presence in the global real estate market, and its calculation of AUM may differ from the calculations of other asset managers.