One of the best known names in the European real estate fund placement business has been appointed senior managing director and head of fundraising and business development at Ærium, the Europe-focused real estate fund manager.
As tipped by PERE in June last year, Audrey Klein, the founder of Park Hill Real Estate’s European business has joined Ærium, and in a statement today Ærium said she would “substantially increase the company’s institutional investor base”.
In the statement, Ærium said she was joining from Park Hill Real Estate, the capital raising subsidiary of The Blackstone Group where she founded the group’s European business in 2006 and since acted as managing principal establishing more than 200 investor relationships across Continental Europe for the firm.
Prior to that, she spent five years running Caskar Partners in Munich marketing alternative asset funds for asset classes including private equity, real estate and hedge funds. She began her career at Bank of America in San Francisco working on syndication across various sectors before co-founding a real estate fund for the group together with Boston Capital.
She left Park Hill Real Estate in June last year.
Franck Ruimy, chief executive officer of Ærium, which is headquartered in Luxembourg, said: “Audrey brings a significant amount of resource and experience to our team as we look to accelerate growth and further establish ourselves as a leading pan-European real estate investment manager.
Since 2003, the firm has launched 16 closed-ended funds and has €6.1 billion of assets under management.
If you do not receive this within five minutes, please try to sign in again. If the problem persists, please email: 
