Stewart Hotston has left AIG Asset Management to take a senior role at Starwood Capital. He will be responsible for deal origination and new lending on real estate.
Hotston, a structured finance specialist, will report to Duncan MacPherson, senior vice president and head of capital markets for Europe at the private equity firm.
The Starwood team also includes Peter Denton, senior vice president and head of debt, who also manages the company’s special situations business.
Starwood has been an active buyer and originator of real estate debt in recent years and most notably has issued loans held against Almacantar’s Centre Point, WC1; Heron International’s Heron Tower, EC2; and Baltimore Wharf, E14, which is owned by a consortium including Galliard Homes.
AIG has been an active buyer of real estate debt in the secondary market in recent years.
Before joining AIG in 2011, Hotston was a director at loan servicing firm Hatfield Philips.
