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Places for People’s investment arm appoints new director
The build-to-rent investment arm of large social landlord Places for People has appointed Mark Vickery as its new director of business development.
PfP Capital, which was created by social landlord Places for People in 2017 to invest in the private rented sector, has brought in Mr Vickery to create new investment opportunities.
He moves to PfP Capital from Legal & General Investment Management, where he was a client director for large UK pension schemes.
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Prior to that, Mr Vickery held roles at Insight Investment and Henderson Global Investors, where he handled client relations for international investors
He will now support PfP Capital’s growth plans through new relationships with institutional investors and nurturing its portfolio.
PfP Capital runs several funds aimed at attracting cash from investors to deliver private rented homes.
As of 2019 it set up three funds, including a build-to-rent fund aimed at attracting £500m of investment to build 3,000 new homes.
John Tatham, finance director at PfP Capital, said: “We are delighted that Mark has joined PfP Capital to support the growth of our residential investment platforms.
“His track record in the institutional investment market and interest and passion in environmental, social and governance makes him a great addition to our team at a point in time where we want to increase the scale of our business and impact.”
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