Palatium, the London–based private equity real estate firm launched by former Eurohypo property investment banking heads Paul Rivlin and Neil Lawson-May, has beefed up its team with the appointment of two former Eurohypo investment bankers.
Keith Davidson and James Tarry were both with Eurohypo’s Real Estate Investment Banking division until 2007 and subsequently worked in Citi’s London-based real estate debt group. Davidson has been made a managing director at the firm, while Tarry becomes a director.
Lawson-May, joint chief executive, said in a statement, “Having worked with Keith and James in the past, I am confident that our planned mezzanine and preferred equity funds could not be in better hands.”
News of the appointments come as the company continues to recruit ahead of planned funds in the real estate debt arena. Earlier this month, the firm appointed Adam Shutkever, a former managing director with Deutsche Bank.
Palatium was formed in April following the management buyout of Eurohypo Asset Management.