Patron Capital, the pan-European institutional investor focused on property-backed investments, has appointed Mal Hunt as Senior Partner and Head of Investor Relations & Strategic Partnerships. This follows the recent close of Patron’s seventh flagship fund, which raised in excess of €860 million, including more than €200 million of discretionary co-investment capital for larger opportunities.
Mal has more than 20 years of experience in the industry and joins from bfinance, where he supported more than 200 investors across 45 countries on private and public market portfolio design, manager selection, and ongoing monitoring. Prior to this, Mal was an Executive Director of EMEA Client Coverage at MSCI, managing the analysis of 600+ European real estate portfolios, and previously gained experience at Investment Property Databank (IPD), M&G and Bank of Ireland.
In his new role, Mal will work closely with the senior team at Patron to further strengthen and develop its work with a diverse range of clients and partners. Of the capital raised for Patron Capital, L.P. VII (‘Fund VII’), 75% came from Patron’s existing investor base and existing relationships, with the majority of commitments coming from the US and Canada, followed by Asia Pacific, Europe, and the Middle East. Investors included pension funds, sovereign wealth funds, endowments, foundations and family offices.
Patron has already started to deploy capital from Fund VII, using approximately 10% of the Fund’s investment capacity to complete a number of investments across a range of asset classes in western Europe, and is projecting a 18% return on its investments.
Keith Breslauer, Managing Director and founder of Patron Capital, said: “Mal joins us at an exciting moment in Patron’s 25-year history, having recently closed our seventh flagship fund, which demonstrated our position as a trusted investor through the proportion of re-ups, as well as our ability to raise an investment volume consistent with our previous funds. Mal’s impressive track record in investment and client service over the last 20 years aligns well with Patron’s experience and our ambitions for the future. His appointment underlines our long-term growth aspirations and commitment to best-in-class communication with both existing and potential investors.”
Mal Hunt added: “This is an excellent opportunity to work with Patron’s specialist teams, partners and global investor base. It’s also an exciting time to be joining, as the current European market conditions present a prime environment for Patron, given their innovative, granular approach, proven platform, and well-respected track record. I look forward to working closely with Keith and my new colleagues to build long-term partnerships and drive significant value for Patron’s investors.”
Media Enquiries to:
Henry Columbine/Polly Warrack
/James Carnegie/Laurence Hill t: +44 (0)7808 541191
SEC Newgate e: patron@secnewgate.co.uk
Notes to Editors
About Patron Capital Partners
Patron represents approximately €5.2 billion of capital raised across several funds and related co-investments, investing in property, corporate operating entities whose value is primarily supported by property assets and distressed debt and credit related businesses.
Since it was established in 1999, Patron has undertaken more than 200 transactions across 110 investments and programs involving over 9 million square metres in 17 countries, with many of these investments realised.
Investors represent a variety of sovereign wealth funds, prominent universities, major institutions, private foundations, and high net worth individuals located throughout North America, Europe, Asia and the Middle East. The main investment adviser to the Funds is Patron Capital Advisers LLP, which is based in London, and Patron has other offices across Europe including Barcelona and Luxembourg; the group is comprised of 61 people, including a 37-person investment team.
Further information about Patron Capital is available at www.patroncapital.com
