Evercore has appointed Federico Montero as managing director of its investment banking business in London.
Montero, who joins this month, will lead Evercore’s European real estate portfolio solutions team which will advise on selling non-core loan portfolios on property.
He will work closely with the financial institution’s restructuring and debt advisory teams, as well as departments in Frankfurt and Madrid.
Montero joins from Cushman & Wakefield where he was head of loan sales within its EMEA corporate finances desk.
He is one of the industry’s most respected loan portfolio advisers, with more than 18 years’ experience on 85 international loan portfolio and commercial property transactions worth more than €98bn.
He played a key role in C&W’s sale of Nama’s €6.5bn (£5.1bn) projects Emerald and Ruby and has also worked in KPMG’s portfolio solutions team.
Andrew Sibbald, chief executive of European investment banking at Evercore, said: “Federico has been one of the most active and successful advisers in the European real estate loan portfolio market over recent years, and has a strong network of relationships among the banks, asset management agencies and financial investors which are active participants in this arena. We believe that this activity is a natural extension for our independent advisory business as we continue to build out our capabilities across a range of public and private capital advisory services.”
Montero said: “There is still more than €500bn of non-core real estate exposure across Europe which needs to be worked out over the coming years. I look forward to working with my new colleagues on portfolio transactions as well as related debt advisory opportunities.”
To send feedback, email shekha.vyas@estatesgazette.com or tweet @ShekhaV or @estatesgazette
To send feedback, e-mail Shekha.Vyas@estatesgazette.com or tweet @shekhaV or @estatesgazette
