Real Estate Capital Partners
ReCap’s principals are established participants in the real estate funds management industry with proven track records and combined have significant experience in real estate investment. The executives of ReCap have an appropriate balance between experience in the responsible entity’s activities and a range of general commercial, property and compliance matters. The investment review committee of ReCap comprises Andrew Saunders, David Adiseshan, Greg Dyer and Paul Nielsen.
The key executives of ReCap are:
Andrew Saunders – Chief Executive Officer
Andrew founded specialist property investment and funds management group Real Estate Capital Partners in mid 2006, with the first investment being the acquisition of the Enhanced Income Fund. He has more than 20 years experience working across the property, banking and funds management industries in Sydney, London, Singapore and the US.
During this time Andrew has held senior positions with CB Richard Ellis, Macquarie Bank, Challenger Group and Mariner Financial. Whilst a real estate investment adviser, he acted on many cross border transactions in the UK, Australia, Japan and Asia. After joining Macquarie Bank, he established their real estate operations in Singapore, Hong Kong and South Korea, as well as advising on the formation of a number of unlisted and listed vehicles, including Macquarie Leisure. At Challenger, he reshaped the company’s investment model and was responsible for the successful push into US real estate. He was a founding member of the Mariner team and was primarily responsible for a number of successful transactions, including the formation of Mariner America LPT, the acquisition of numerous real estate assets and the company’s push into Europe.
Andrew holds a Bachelor of Science and is qualified as a Chartered Surveyor.
David Adiseshan – Executive Director, Funds Management
David is an Executive Director, joined Recap in early 2008 and brings over 19 years institutional funds management experience, which includes the development of new funds and fund management activities; most recently as Director, Head of Sales and Distribution, Allco Finance Group. David’s knowledge and experience across the investment spectrum provides him with strong credentials to structure and market multiple asset class investments. He has also held senior institutional funds management roles with organizations including Rothschild, Massachusetts Financial Services and Lend Lease Corporation. David’s qualifications include a Bachelor of Commerce and Master of Business Administration degrees, together with a Graduate Diploma in Applied Finance and Investment.
Paul Nielsen – Executive Director, Funds Management
Paul is an experienced securitised property analyst, with more than 15 years experience working across some of Australia’s most pioneering property investment and research organisations. Paul has held senior positions at Aegis and Lonsec, where he established the unlisted property research groups of those businesses. Prior to this he was Director, Research for Property Investment Research (PIR). His career commenced in sharebroking. Paul has an MBA.
Jason Bennett – Divisional Director, Funds Management
Jason is an experienced property consultant, with more than 17 years of commercial property experience and is a qualified valuer. Jason has owned and operated a number of large commercial and residential property agencies based in Sydney which have a nation wide client base, enabling him to gain experience in an extensive array of properties across Australia. Jason’s background in asset and portfolio management combined with years of leasing and sales experience gives him a solid understanding of direct property assets. Jason’s qualifications include a degree in Business with a major in Land Economics, and a Graduate Diploma in Applied Finance. He is also a licensed real estate agent.
Jaime Chan – Divisional Director, Funds Management
Jaime is an experienced investment analyst with direct property securities across the Australia, Singapore and Hong Kong markets. Jaime’s skills also include fixed interest investments, where she managed a fixed interest and bank bill portfolio (portfolio construction and investment and trading decisions, portfolio attribution and reporting) totalling $1 billion. Prior to joining ReCap, Jaime was employed at Maple-Brown Abbott Limited and commenced her career at BT Funds Management.
Jaime is a CPA and Chartered Financial Analyst.
Michael Jaeger - Divisional Director, Head of Retail Distribution
Michael has extensive experience in the Australian retail distribution market, having worked across multiple asset classes in senior sales positions with Challenger Group, Great Southern and Next Financial Limited. Michael has previous experience as a financial planner, including a role with Ipac Securities. He holds a bachelor of Business, a Graduate Diploma in Financial Planning and is currently completing a Masters of Applied Finance.
