Anders Âström, the real estate professional best known for founding the indirect investment management business of Aberdeen Property Investors, and former colleague Tomas Otterud, have set up their own firm.
The pair are expected to announce the launch of the business next week having departed Credit Suisse several months ago. They have set up the new firm, Custor Capital, with two other former Credit Suisse colleagues.
Âström and Otterud joined Credit Suisse early last year in its customised fund investment group, which manages around $23 billion of private equity investments. They reported to David Hodes and Doug Weill, the global co-heads of the real estate investment group at Credit Suisse who departed last July to form an advisory group.
Prior to Credit Suisse they were at Aberdeen Property Investors, where they launched and managed Europe's first pooled property real estate fund of funds in 2005.