Director, Fund Finance International at Patrizia Investment Management (2024-01 2025-01)
Contract role providing 12-month maternity cover. Managed three products: an open core pan-European Property Fund, a €2bn portfolio mandate and the Fund liquidations team.
- Assumed full responsibility for accounting, reporting, distribution, and performance for the products
- Consolidated the service providers transitioned to the new standard operating model, generating 25% cost reduction, higher accuracy and faster delivery
- Onboarded and operationalised the new service partner for the fund
- Appointed Director for the Luxembourg SPVs and the Holdco
- Managed a team of five
Co-founder and CFO at Urbium Capital Ltd (2021-03 – 2023-11)
Co-founded and structured a UK real estate asset management business for a Saudi family business.
- Sourced, negotiated and onboarded the service providers for the Fund: solicitors, fund administrator, tax compliance and advisory, audit
- Structured acquisitions, reviewed the financial due diligence, prepared the completion statements, and closed three leveraged acquisitions
- Originated and negotiated investment and development debt facilities
- Coordinated the external service providers with respect to the Fund setup, asset onboarding, transfer pricing, budget approval and timely production of the audited management accounts (under IFRS)
- Prepared debt covenant monitoring and reporting, NAV distribution and investment reports
- Executed the business plan, management reporting (UK GAAP) and tax compliance for the management company
- Prepared budgets and monitored the performance for the fund and the management company
Fund CFO at Credit Suisse Asset Management (2019-04 – 2020-09)
Managed four Luxembourg-based Real Estate Funds with a total of €2bn GAV and €900m NAV.
- Reviewed the financial due diligence, structured and closed international real estate transactions with complex ownership structures and tight timelines (up to 15 ongoing transactions at peak activity)
- Presented the proposed acquisitions to the Investment Committee
- Coordinated external parties (tax, accounting, audit) and internal teams (fund administrator, asset manager) for timely production of the audited consolidated management accounts and fund reporting (IFRS), NAV computation and distribution
- Monitored the funds' performance, including scenario analysis for decision-making
- Optimised the funds tax bill by reducing the overheads, driving costs at Propco level and introducing the share deals
- Participated in the elaboration of the standard operating model (SOM) for the funds
- Managed a team of one
Senior Finance Manager at Nuveen Real Estate (2016-04 – 2019-04)
Shared responsibility over a €3.5bn pan-European property Fund.
- Assisted with the preparation of annual and interim consolidated financial statements under IFRS, and statutory accounts under Lux GAAP
- Planned the fund level cash flow, including calculation of distributions, repatriation of income through the fund structure
- Determined and performed capital calls
- Managed the overall fund debt reporting, internally and externally, including maintenance of the property treasury database
- Coordinated and overseen the ongoing transactions (mergers, acquisitions and disposals) for three investment funds
- Reviewed the tax efficiency at the fund level
- Streamlined the fund investments
- Liquidated two investment funds and distributed the final proceeds
- Documented policies and procedures as required, managed internal audit, risk and compliance reviews
Commercial Finance Manager at Urbanest UK Ltd (2012-03 – 2016-04)
Managed debt and financial operations for development and investment projects.
- Executed new debt facilities for development and investment projects, negotiated £280m debt for £600m AUM
- Managed £280m in debt facilities including development debt drawdown, bank reporting and covenant monitoring, compliance testing and risk analysis
- Operationalised the debt agenda and measured each facility performance on its own and at the group level, assessed the optimal exit time
- Maintained and improved development project feasibility models
- Worked with the transaction team in executing ad hoc financial analysis to support key commercial decisions
- Prepared and enhanced monthly (internal) and quarterly (investor) reporting packs, managed relationships with external professional advisors as required, including tax advisors, trust administrators and lawyers
- Elaborated a 10-year tax forecast of individual assets and consolidated level
- Worked on optimising the group tax structure
Financial Controller at Dinu Patriciu Global Properties (2007-09 – 2012-03)
Financial reporting responsibility for Fabian Romania, an AIM listed fund.
- Financial reporting responsibility for Fabian Romania, an AIM listed fund, including consolidation, NAV and distribution
- Structured and closed €300 million in equity deployment and negotiated debt
- Led the NAV under IFRS report execution, in conformity with AIM regulation, coordinated FP&A at fund level
- Restructured 3 cross-border investment funds, based on strategic focus and geographical approach, consolidated the funds under a Luxembourg vehicle and divested the non-core portfolio, resulting in 30% operating cost saving and enhanced tax efficiency
- Acted as appointed Director for 18 SPVs
- Managed a team of six.
