Valad hires RBS’s Macpherson as head of risk

The London-based real estate fund manager has continued its hiring spree with the recruitment of Robin Macpherson as head of risk. The move follows three other significant hires this summer including the recruitment of Audrey Klein as head of equity in May. 

Valad Europe, the real estate investment fund manager, has hired former RBS legal head Robin Macpherson as head of risk for Europe.

Reporting directly to Valad Europe’s chief executive officer David Kirkby, Macpherson will be responsible for all aspects of risk management affecting Valad’s European business. The role, according to Kirkby, will also include leading and overseeing legal and compliance issues and ensuring that standards of “good corporate governance” are upheld.

Macpherson’s recruitment is the latest in a string of hires since early summer for Valad. In July, the London-based real estate investment manager recruited Tomas Beck as head of Nordics and Dennis Börgel as head of German business development.

In May, former Aerium real estate fund manager Audrey Klein joined Valad Europe as head of equity. Klein has been tasked with raising capital across Europe, Asia, the Middle East and the US for funds with core, core-plus and value-add strategies in the industrial, office and retail sectors.

Macpherson joins Valad Europe from RBS where he was head of legal with responsibility for a number of areas including large corporates and structured finance. Prior to working at RBS, he was a solicitor at Travers Smith in London.

“This appointment demonstrates our commitment to implementing robust and transparent risk management procedures across the business particularly in light of increasing regulation facing the industry,” said Kirkby.

“Robin has extensive experience in this area from the work he has carried out in previous roles and will now play an important role as we scale our funds management business and continue to strengthen our European platform as part of Cromwell Property Group,” Kirkby added.

Valad Europe manages €3.7 billion of real estate assets and investment capacity across its funds and mandates. The platform covers approximately 338 assets and 3,400 tenants, managed by local teams totalling around 190 people in 22 offices and 14 European countries.