Greene Park Capital Europe willuse its extensive experience to work with investors and operators to identify attractive risk-adjusted returns in healthcare real estate.
Greene Park Capital Founder Carrie Hiebeler announced the launch of a new entity whose team of experienced real estate and healthcare experts will focus on investment opportunities presented by the rapidly growing demand for healthcare services in the UK and Europe.
"Healthcare in the UK and Europe is on the precipice of major changes and Greene Park Capital Europe is well prepared to be in front of that transformation," Hiebeler said. "We will do what we do best. Bring our expertise to every deal and expand on our long-term and extensive relationships with capital and operator partners. We will advise and partner with investors to help them find and actively manage the right investment opportunities and we will help operators attract the capital they need to build out their platforms."
Greene Park Capital Europe Team
- Tom Hoppe has advised and executed on over $225 billion of transactions during a 15-year M&A career. Most recently he was a senior director at investment banking advisory firm Gleacher Shacklock, where he focused on deals in UK and European healthcare services. Prior to that he spent he spent a decade at leading independent investment banking advisory firm Centerview Partners in both New York and London, advising on mergers and acquisition for clients across healthcare, life sciences and other sectors, including large global healthcare real estate investment trusts.
- Ben Jones has over 25 years of experience in European and Australian markets and a long track record of developing and growing innovative real estate funds that deliver market-leading performance. For 13 years he worked in London with M&G Investments as Head of Real Estate Long Income, managing £8.5 billion of assets, including the M&G Secured Property Income Fund, which under his leadership had assets of £4.5 billion and a 10-year un-geared return of 9 percent per annum at the end of 2019. He has a deep understanding of real estate through direct investment of over £5 billion across multiple countries, with significant experience in underwriting operational assets such as healthcare, hotels, leisure and student accommodation.
- Wesley Layug is responsible for supporting the firm's investment pipeline, including sourcing, underwriting, due diligence, and negotiation of transactions. He joins Greene Park Capital Europe after five years at Ventas, Inc., where he was responsible for executing over $10 billion of debt and equity investments covering the continuum of care, which includes the senior living, medical office, and life science sectors across the United States, Canada, and United Kingdom.
- Hugh Risebrow is CEO of Larchmore Associates, a consultancy that supports both public and private sector healthcare organizations to develop and implement strategy and to create partnerships. Previously he served in senior positions at Synlab UK, Guy's St. Thomas, Interhealth Canada, United Health Europe, BUPA Dental, Bain Co, and Kalchas.
"Our team brings a unique set of problem-solving skills as well as a thorough understanding of the real estate markets in the UK and Europe that will be critical to successful healthcare investing," Hiebeler said. "We have the knowledge, expertise and deal making experience to help investors navigate the intricacies of the healthcare market, bringing in a range of viewpoints so that the best decisions are made at all stages of the investment lifecycle."
Currently, Greene Park Capital Europe has a robust pipeline. Hiebeler described this an opportune time to enter healthcare real estate.
"Given the cost of financing and the fact that many public REITs are currently out of the market, the basis where we can purchase healthcare real estate alongside our capital partners is becoming increasingly attractive. We predict the result could be outsized healthcare returns over the next five to seven years," she added.
About Greene Park Capital Europe
Greene Park Capital Europe works with both investors and operators to seek out new opportunities in healthcare real estate investing. Learn more about what we do and how we do it at Greene Park Capital Europe.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240411084772/en/
Contacts:
Lisabeth Weiner
lisweiner@lisweiner.com
312-485-6211