AEW Europe, the Europe-focused real estate investment management firm, has created the role of head of separate accounts and funds and has hired a former Morgan Stanley professional to fill it.
The firm announced today it had hired Raphael Brault from Acofi-Alms, the Paris based investment firm where he launched and was responsible for its debt fund platform. Before Acofi-Alms, Brault worked for Morgan Stanley for 12 years, including a spell with Morgan Stanley Real Estate Investing.
As with both of those employments, Brault will be based in AEW Europe’s Paris office. He will report to Rob Wilkinson, the firm’s chief investment officer, and be part of the firm’s investment and executive committees.
In the role, he will be responsible for the strategic direction and oversight of AEW Europe’s separate account mandates and funds that are managed from the Paris office.
The firm said in the announcement: “AEW has seen significant inflows recently and Raphael will be responsible for the investment and management of these funds as well as further developing AEW Europe’s platform.”
His arrival marks the departure of AEW Europe’s deputy chief investment officer Jean Lavielle who will retire next year. Lavielle will, however, remain an advisor for the firm and remain on its investment committee. He will oversee a transition of responsibilities to Brault too.
“The appointment confirms AEW Europe’s commitment to continue growing its institutional platform including funds and separate accounts, alongside the private equity platform managed by Russell Jewell in London,” the firm said.