GREYKITE Investment Adviser, a newly launched private capital investment advisory firm led by Founder and CEO Michael Abel, has secured a strategic capital investment from Capital Constellation, a platform managed by global alternative asset manager Wafra, and Leucadia Asset Management, a diversified alternative asset management platform and a division of Jefferies Financial Group.
GREYKITE will specialise in real estate investments in various asset classes across select European markets. According to a press release, the firm’s approach combines data analysis and market research, employing a differentiated strategy focused on both asset and corporate-level transactions in high-conviction and operationally intensive sectors mainly in Western Europe, including opportunities within special situations and market dislocation.
Abel will oversee GREYKITE’s strategy, fundraising and investment business, in addition to serving as Chairman of the firm’s executive and investment committees. Prior to GREYKITE, Abel was an Equity Partner at TPG, also serving as a Member of TPG Real Estate’s investment committee and TPG Europe’s executive committee.
Dan Valenzano, a Senior Partner and Member of the executive and investment committees, has also joined GREYKITE from TPG. Valenzano will lead investment and portfolio company oversight activities.
In a statement, Abel said: “With a high-quality team, fully aligned with our partners in our collective ambition to build a differentiated investment business on a foundation of trust, transparency and performance, we look forward to connecting with market participants and potential partners and capitalising on our robust transaction pipeline.”
