Boutique European real estate advisory and investment firm WW Advisors has expanded its team by hiring Jonathan Edmunds as deal originator. WW Advisors, which is mainly owned by Middle Eastern investors, said new hire Edmunds would originate deals and execute them.
He said there were “huge opportunities” that would arise for undisclosed Middle Eastern investors that the firm is advising.
Prior to WW Advisors, Edmunds worked in the corporate finance division of Lazard bank, advising listed real estate companies, private equity funds and hedge funds on mergers, acquisitions and asset disposals. Before that, he was at Deutsche Bank, working in the European commercial real estate group, underwriting real estate loans for CMBS exits.
Edmunds will report directly to David Swan, the firm’s managing director. Swan said: “At this point in the cycle it is all about understanding the fundamentals of property values and revenues, which Jonathan clearly does. Equally as important, he has detailed experience in debt and equity markets, including the full range of exit strategies.”
WW Advisors launched in April this year. Wafra InterVest Corporation, which is an investment manager owned by the Public Institution for Social Security in Kuwait, and Watheeqa Holding Group, a boutique investment group for private and listed organizations, are firm’s principle owners. It currently has client capital commitments of more than $300 million.