Veteran real estate executive Victoria Sharpe has taken on a new role at a new company, leading the Asia-Pacific real estate platform at Deutsche Asset Management, the fund management platform of Deutsche Bank.
Sharpe joined the Singapore office of Deutsche Asset Management as managing director and head of real estate for the region in early July. Pierre Cherki, the firm’s head of alternatives to whom Sharpe is now reporting, said at the time of her hire that Sharpe’s track record, local market knowledge and depth of experience across the property platform spectrum makes her a valuable and respected addition to the firm’s global platform.
A former colleague of Sharpe told PERE her strong capital raising background would be a great asset for Deutsche Asset Management as it looks to rebuild its operations and team in the region. Indeed, her hire comes at a time when the firm is believed to be in the market raising capital for a pan Asia core real estate vehicle.
“Sharpe is good at picking the right people for a position. She is not a strong investor but is great at capital raising and building relationships. This is a good move by Deutsche Asset Management,” the ex-colleague added.
In her 30-plus years of industry experience, Sharpe has developed and executed global real estate strategies for several firms in positions held across London, New York, Singapore and Munich. Before joining Deutsche AM, Sharpe was the global head for the client capital group at TH Real Estate, a role in which she was responsible for worldwide client services, distribution and marketing.
Sharpe spent around 18 months with TH Real Estate. She has also had a long working relationship with Prudential Asset Management, the asset management arm of the US insurer Prudential Financial, where she held several senior positions, including senior managing director and head of Asia Pacific.
Sharpe’s industry peers also remember Sharpe for her valuable contributions to Pramerica Real Estate Investors (formerly known as PGIM Real Estate) where she spent 13 years working in various roles across different geographies. One of Sharpe’s colleagues at Pramerica, who in fact was hired by Sharpe, compliments her expertise in client-facing roles.
“She would often tell her team how she prefers elephant hunting,” said the colleague on Sharpe’s hiring and investing strategy.