Consequently, Thierry Cahierre, will succeed Marrit in the role of Co-head Client and Fund Management also reporting to CEO Andrew Vaughan. In this new capacity he will be Fund Director for the portfolios of one of Redevco’s key clients, representing €4.9 billion from the company’s total of about €6.7 billion in assets under management.
Andrew Vaughan, CEO Redevco says: “We could not be more pleased with Marrit accepting this new position in our Redevco Board. I am equally pleased to have Thierry take on the position of Co-head Client and Fund Management and at the same time continue to lead our global asset and development function.”
Marrit Laning, Redevco Chief Strategy & Innovation Officer, said: “I am excited to support and guide further diversification of our portfolios and the retail transition. These are clearly going to be the main themes in my new and exciting role on the Board.”
Thierry Cahierre, Redevco Co-head Client & Fund Management, commented: “It is a great responsibility to be Fund Director of the proprietary portfolios, which make up for almost 75% of our current assets under managements, and to be able to transform them to be much more diversified, mixed-use and sustainable.”