TradeRisks, the parent of Residential Secure Income’s investment manager operations, has appointed Richard Stubbs as chief financial officer with immediate effect.
Stubbs will oversee the financial strategy and operations across the business, including ReSI. He has joined from real estate private equity platform Sistema Capital Partners, where he was responsible for all fund reporting and oversaw the due diligence on major M&A transactions.
He has also held senior roles at fund management businesses Alpha Real Capital and Langham Hall, and at UK-listed REIT Capital & Regional’s £2.9 billion Mall Fund.
Stubbs will report to Alex Pilato, chief executive of TradeRisks.
TradeRisks has also hired a new associate director, Julia Eberdal, as well as a property analyst, Sergey Pichugin.
Pilato said: “Richard has a proven track record in fund management in both private and public format, and his appointment comes at an exciting time for ReSI, as we look towards future growth.
“Along with Julia and Sergey, we continue to build a team of talented and knowledgeable individuals to engage with the structural changes supporting investment in the UK social housing sector.”
ReSI invests in residential asset classes comprising stock from UK social housing providers.
To send feedback, e-mail pui-guan.man@egi.co.uk or tweet @PuiGuanM or @estatesgazette
