Grosvenor Fund Management has appointed Dietrich Heidtmann as managing director of client services for the EMEA and Asia Pacific regions.
Heidtmann, who will be based in the Paris office, will be responsible for Grosvenor’s capital raising and investor relations activity in these regions.
He will report to chief investment officer James Raynor and work closely with Alexia Gottschalch, who is leading the expansion of the team in the US.
Heidtmann joins Grosvenor after nearly 20 years at Morgan Stanley within the capital markets and real estate investment banking area.
Most recently, he was managing director, head of real estate private capital markets, EMEA, where he was responsible for all third-party capital advisory and capital raising activities in the EMEA region and parts of Asia.
Grosvenor closed four new investment vehicles in 2011, with combined investment capacity of more than £1bn. This includes the acquisition of a retail portfolio comprising six shopping centres across France and Sweden for the Grosvenor European Retail Partnership, a central London office partnership with the Canada Pension Plan Investment Board, a US healthcare joint venture with the Kuwait Finance House and a UK shopping centre mandate.
Global chief executive Jeffrey Weingarten said: “Putting our investors first is paramount to GFM’s growth plans, and Dietrich’s experience will allow us to be more efficient in all aspects of client services, creating value for our investors, shareholders and staff.”
bridget.oconnell@estatesgazette.com
