Michael Pralle, the proposed successor ofJER Partners’ European head, Malcolm Le May, has left the firm after 18 months.
Pralle had been lined up to run the US-based firm‘s operations in Europe following the departure of Le May earlier this year.
Le Mayhad beenEuropean president of the companysince May 2003.
However, JER confirmed that Pralle is no longer with the company. A replacement has not yet been appointed.
Pralle joined JER in the US as president and chief operating officer in October 2007 after leaving GE Real Estate.
His exit marks the latest in a string of recent departures for the fund manager, including directors Angus Dodd, James Bury and Marc de Chassey.
