Starwood Capital’s chief operating officer Desmond Taljaard has left the company to start his own real estate venture, Mildmay Capital, which will invest in Northern European hotels.
Taljaard spent six years at Starwood Capital, following a two-year stint as development director for M&A at hotel, pub and café chain operator Whitbread.
He also spent eight years as global head of real estate for Hilton hotels.
Global investment firm Starwood has $22m of assets under management as of September 2012.
sophia.furber@estatesgazette.com