SWFI First Read, March 16, 2017
Elo, AP1 and Trevian Asset Management Form Finnish RE Joint Venture
Elo Mutual Pension Insurance Company, Första AP-fonden (AP1) and Trevian Asset Management Oy have agreed to establish a €400 million joint venture company which invests in the Finnish property market. The venture will target mostly city center retail and office properties in major Finnish cities outside of the Helsinki region. The joint venture will start with a portfolio worth approximately €160 million.
JPMorgan Adds Former BNP Paribas Executive to Custody and Fund Services Team
David Raccat has joined the Custody and Fund Services team at JPMorgan. He will be based in London and report to Patrick Moisy, Head of Custody and Fund Services Liquidity and Trading Services at JPMorgan. Before this role, Raccat was Head of Global Market Services for BNP Paribas Securities Services. He joined BNP Paribas back in 1996.
Hastings Fund Management Wins Mandate from Development Bank of Japan
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