- The pair will complete Evonite’s founding partnership team and bring complimentary experience and skill sets to further enhance and strengthen the European value add real estate platform that also includes Paul Hampton, Charles-Nicolas Tarrière and Kevin Muscat
- Former Global Head of Investment Strategy at M&G Real Estate, José Pellicer joins as Partner, Strategy and Chris Warren will become Partner, Finance and Operations after moving from Realty Income where he was Head of Finance for Europe
- The five founding partners, who worked together at Rockspring, have a shared performance track record that spans over 10 years and multiple real estate cycles and crises
Evonite, the London-based and independently owned European value-add real estate partnership, has revealed its two additional founding partners are José Pellicer and Chris Warren.
José Pellicer, who joins as Partner, Strategy and Chris Warren who joins as Partner, Finance and Operations will team up with Paul Hampton, CEO, Charles-Nicolas Tarrière, Partner, Portfolio Management and Kevin Muscat, Partner, Investments. The five founding partners previously worked together at Rockspring, and subsequently PATRIZIA, for over 10 years on the market renowned TEP value-add fund series and their shared credentials include having invested over EUR 3.5bn across 14 European countries on behalf of 4 closed end funds.1
As Partner in charge of Strategy José’s responsibilities will include heading up Evonite’s investment and ESG strategies, chairing the Investment Committee, being a key member of the capital raising team and overseeing the firm’s marketing and communications activities. José has over 25 years experience in the real estate industry and prior to Evonite, he was the Global Head of Investment Strategy at M&G Real Estate where he chaired the Global Investment Committee and was a member of the Excom. Between 2004-2007 and 2011-2017, he was a partner at Rockspring Property Investment Managers and subsequently Patrizia’s Global Head of Research and a member of Patrizia’s senior leadership group. José has also worked for Goldman Sachs, AEW Europe and Deutsche Bank.
Meanwhile, Chris will head up Evonite’s finance and operations responsibilities across the business including fund-related treasury, tax and structuring, regulation, and compliance functions. He has over 20 years’ experience in real estate investments and prior to Evonite, spent over two years at Realty Income as Head of Finance (Europe) where he built from inception the international corporate finance team overseeing AUM growth from $3bn to $11bn. Between 2004-2008 and 2010-2021, Chris was at PATRIZIA (formerly Rockspring Property Investment Managers) where he led the firm’s London-based fund accounting and regulatory teams, co-launched multiple funds and joint ventures, as well as overseeing all corporate transactions. He also worked for Fidelity Investments as Finance Manager, assisting in the launch and implementation of their direct Real Estate investment business.
Launched in May 2024, Evonite has been set up to challenge the status quo with a vision to build on a philosophy of delivering consistent performance for its investors across fund vintages. Evonite will pursue a thematic investment strategy led by deep macro research, occupational market dynamics, risk analysis and asset management opportunities to allow it to best support its fund investors.
José Pellicer, Partner, Strategy at Evonite commented: “The real estate industry is currently undergoing one of the most interesting tectonic shifts I have experienced in my career. The geopolitical, economic and investment environment is fundamentally changing. In periods like this it is important to be flexible and nimble, but also to count on strong foundations. Evonite offers precisely that: the joint experience and track record of a team I have worked with for over 10 years coupled with the strategic flexibility of a startup. It is the beginning of an exciting journey that has no equal.”
Chris Warren, Partner, Finance and Operations added: “It is great to be working with Paul, Charles, Kevin and José again. Whilst we share a long dated transactional and fund formation history, it is also exciting to have the opportunity to establish a cutting-edge, next generation operational and controls framework from the outset. Challenging the status quo and offering investors something different requires solid plumbing!”
Paul Hampton, CEO of Evonite commented: “To finally have José and Chris onboard completes the launch phase of Evonite. We have reunited with the common purpose of putting our fund investors first at what is a significant point in our industry where attractive opportunities are beginning to appear.”
1 This data relates to the TransEuropean Property Partnership (“TEP”) Funds IV – VII, measured between Q2 2007 and Q3 2022. These 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.