UK Private equity house Maven Capital Partners (Maven) has promoted Colin Anderson and Andrew Whiteley from Maven’s specialist property investment team to partnership positions.
The strengthening of its partnership base reflects Maven’s continued commitment to expanding Maven’s property investment offering.
Anderson joined Maven in 2014 to further grow Maven’s property investment business, having previously spent 11 years in the corporate banking and real estate finance roles at The Royal Bank of Scotland. Since joining Maven as an investment director, Anderson has been responsible for growing the number of property assets from five to 23 and has led investments in the student accommodation, hotel, office space and residential sectors, Anderson has also been instrumental in increasing the Gross Development Value (GDV) of these assets from GBP41 million to GBP295 million, prior to recent exits, and has led, or co-led, eight investments with a value of GBP135m and raised total equity of GBP47 million.
Whiteley joined Maven in 2013 to help further advance Maven’s diversification into property investment and development and has been instrumental in the division’s growth. Key to this has been Whiteley’s relationship with Hong Kong and Singapore based investment group, IP Investment Management (IPIM), with which Maven has collaborated on eight high value property development projects in the student accommodation sector. Whiteley joined Maven from Hotbed, where, as co-head of property, he had responsibility for portfolio management, sourcing, structuring and executing transactions on behalf of high net worth investors. Prior to his role at Hotbed, Whiteley jointly ran the GBP2 billion flagship UK commercial property fund at New Star Asset Management.
Maven’s specialist property investment team has extensive knowledge and experience of the UK property sector and identifies opportunities to combine capital and project management expertise in order to generate investor profits. The team has led on a number of transactions across a wide range of sub-sectors, including residential developments, hotels, student accommodation and offices and retirement living.
Bill Nixon, Managing Partner at Maven, says: “We are very pleased to announce these partnership promotions, which reflect the excellent contribution both Andrew and Colin have built upon over the years as property investment directors at Maven. The appointments are timely, coinciding with rapid expansion for our property business and will only help to enhance our property investment offering by providing investors with access to well-researched UK property transactions whilst offering attractive risk-adjusted returns to investors.”
