Henderson Park, the London-based real estate investment manager, has hired former AEW Europe and Barclays Capital executive Subbash Thammanna as finance director.
Thammanna joins Henderson Park with over 15 years of experience in finance roles in the real estate sector. He was most recently the European finance director at US investment firm Harbert Management Corporation, where he was responsible for the financial and tax management of the firm’s €1.8 billion of European AUM.
Prior to that role Thammanna was director of operations and finance at AEW Europe, while earlier in his career he worked in the structured capital markets and private equity divisions of Barclays Capital and in the investment management & real estate advisory team at PwC.
Nick Weber, founding partner of Henderson Park, said: “Subbash is the latest in a number of talented new recruits to join our growing team at Henderson Park. He comes on board with a wealth of relevant experience that will be invaluable to the business as we make further progress through our exciting investment pipeline and execute complex transactions.”
Former Mount Kellett executive Weber launched Henderson Park in September after receiving $500 million of backing from Greenwich, Connecticut-based private equity firm Stone Point Capital, sovereign wealth fund Kuwait Investment Authority, and New York and Kuwait-based investment manager, Wafra Investment Advisory Group.
Since then, the firm has made fives senior executive hires from established names such as Goldman Sachs, Mount Kellett and Situs, as well as some significant real estate deals.
In November, Henderson Park also made its first real estate acquisition, the €365 million Le Meridien Etoile hotel, the largest hotel in Paris. While in March, the firm teamed up with Greystar to enter the UK private rented sector when it acquired a 172-unit portfolio in London for around £140 million (€162.7 million).