• Evonite’s established real estate team re-enters the value-add industry with a fresh approach focused entirely on performance across fund vintages through a thematic, risk based and asset management focused strategy
• Its founding partners Paul Hampton, Charles-Nicolas Tarrière and Kevin Muscat have regrouped after previously working together at Rockspring and PATRIZIA

A team of experienced European real estate professionals are delighted to announce the launch of a new London-based and independently owned European value-add real estate partnership. Evonite has been set up to challenge the status quo with a vision to build on a philosophy of delivering consistent and meaningful performance for its investors across vintages.

The founding partners of Evonite boast a shared performance track record having invested together through multiple real estate cycles and crises. Founding partners include Paul Hampton, CEO, (formerly Head of International Fund Management at PATRIZIA), Charles-Nicolas Tarrière, Partner, Portfolio Management (formerly Managing Director at PATRIZIA) and Kevin Muscat, Partner, Investments (formerly Head of Transactions at Mileway).

The founding team worked together for over 10 years at Rockspring Property Investment Managers on the market renowned TEP value-add fund series. Between 2007 and 2022 the TransEuropean (“TEP”) series invested EUR 3.5bn into 14 European countries generating a 20% IRR p.a.¹

In order to best support its fund investors, Evonite will pursue a thematic investment strategy underpinned by deep macro research, occupational market dynamics, risk analysis and asset management opportunities. The partnership will be sharing more details on its maiden fund programme later this year, alongside additional senior hires.

Paul Hampton, CEO of Evonite commented:

“On behalf of Evonite’s partners, I am thrilled to be announcing the reunion of our established team. We are coming back together with a common purpose of putting our fund investors first at what is a pivotal time for our industry where market uncertainty is beginning to yield opportunity.

United in our belief that working in partnership with each other, with our operators and most importantly, with our fund investors is fundamental to driving results, we are focused solely on performance, not AUM growth or transaction size. We want to provide strong performance even in poor vintages”.

We look forward to sharing more information about Evonite over the coming months and welcoming additional partners as we gear up to our maiden fund programme later this year.”

1 Gross realised investment level returns, after leverage but before Fund fees, costs & taxes between Q2 2007 & Q3 2022 across TransEuropean Property Partnerships (“TEP”) Funds IV - VII. Please note that the above mentioned performance information relates to investment vehicles which were managed by teams including Evonite team members and other individuals who have not joined Evonite. Accordingly, Evonite is not representing that its team members were solely responsible for the above mentioned performance information. Past performance is no guarantee of future performance.