Starwood Capital has hired Peter Denton from BNP Paribas Real Estate.
Denton will join the global private equity firm as a partner and head of European debt to lead the firm’s £1bn European debt fund.
He is understood to be joining next Thursday.
Starwood is currently fund raising for the vehicle and a first close is expected by the end of the year.
Denton will report to Jeff Dishner, Starwood’s international president, who moved over to London last August to build up the firm’s distressed loan portfolio acquisition opportunities and its European debt origination business. He is expected to recruit loan originators once the fund has completed its final closing.
Denton has been at the French bank’s real estate division for around 12 months, during which time he has completed a number of deals. Prior to this he ran West Immo’s London office as branch head, where he managed its London-based real estate finance activities.
bridget.oconnell@estatesgazette.com
