Meyer Bergman, the private equity real estate investment manager, is looking to expand to last-mile logistics investment as it makes three appointments on its senior executive team.
Lee Purcell has joined as global head of investor relations and Sachin Rupani as head of acquisitions. Former Logicor director of acquisitions Marco Riva has also joined as senior vice president for southern Europe.
Purcell was previously a partner and managing director at the Carlyle Group, leading the firm’s real estate fundraising. Before that, he worked as a placement agent at Greenhill & Co and Credit Suisse for more than a decade.
Returning to Meyer Bergman after three years at Cale Street Partners, Sachin Rupani will be responsible for the firm’s European investment strategies.
Markus Meijer, chief executive of Meyer Bergman, said: “The arrival of Lee, Sachin and Marco ensures we are best placed to offer and deliver new strategies to our clients.
“We are looking to broaden our investment focus to include the final leg of the supply chain – the so-called last mile to the end consumer. It’s a logical next step for us as long-standing specialists in retail, a sector where retailers now operate fully integrated omni-channel businesses.”
Meijer added that the firm had identified a pipeline of locations in European markets with a shortage of last-mile facilities.
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