Coral Portfolio has recruited Ben Harvie as Head of Investment Management for Europe based in London, and Victor Lor as Head of Investment Management for Asia Pacific based in Hong Kong. They will be supported initially by eight further staff in accounting and administration.
Coral’s Chief Executive John Kennedy said:
“We are at the forefront of opportunities as we anticipate a further 100 million new students globally. This sector has become a portfolio ” no brainer ” for institutions and sovereign funds for its predictably steady returns. The UK alone should see around £6bn invested in 2015 following on from £4bn injected into the sector last year”.
Ben spent the last six years working in Sydney for Centuria Capital – one of Australia’s largest REIT managers. For the last three years he was Head of Funds Management there, responsible for a portfolio of circa AUD$1.0 billion of real estate funds, comprising retail / institutional unlisted funds and an ASX listed vehicle which the team successfully took through an IPO in 2014. Ben previously worked for the Miller Group Ltd, one of the UK’s largest privately owned house-building, construction and development companies.
Victor brings a wealth of experience in both investment management and capital raising with over 15 years of experience in the Asia Pacific region. He previously held senior roles at APG, UBS, Colonial First State and Colliers.