Aware Super hires Patrizia’s Elshout to head UK and European property team

Australian superannuation fund Aware Super has appointed Mathieu Elshout as the head of its UK and European property team. Elshout joins from Patrizia, where he was head of sustainability and impact investing. In his three-and-a-half-year tenure at Patrizia he developed the company’s ESG strategy. Following his departure, Patrizia has repositioned its ESG team. Mads Rude will continue to lead Patrizia Global Partners and have overall responsibility for impact investing, supported by Marleen Bikker-Bekkers as the key fund manager of Patrizia Sustainable Communities, while Edward Pugh has been promoted to head of sustainability. Prior to Patrizia, Elshout was senior director of private real estate at PGGM Investments, and he has also been an account manager for real estate investment at Sweco. At Aware Super, he will join the London team based in the fund’s first international office, at Charles House, 5-11 Regent Street, SW1, where it is leasing space from the Crown Estate. Elshout said: “I am immensely proud of the progress we have made over the past three and a half years developing Patrizia’s corporate ESG strategy and impact investing platform. Not only have we launched the group’s first SFDR Article 9 fund, Sustainable Communities, which saw one of our strongest fundraises in 2023, we have also broadened our central sustainability function to integrate key decarbonisation teams including our cutting-edge smart buildings platform, Ambio.” Photo © Patrizia