PIMCO has hired Tristan de Souza as a portfolio manager in its European real estate practice, as the world’s largest bond investor continues to build its property-focused team on this side of the Atlantic.
de Souza, who starts on Monday, will work across loan origination, underwriting and asset management of EMEA opportunities, reporting into Laurent Luccioni, EMEA head of commercial real estate at PIMCO.
Luccioni joined PIMCO in April after almost five-and-a-half years at MGPA, including as its European chief executive officer from June 2010 until he left.
de Souza recently graduated from Harvard Business School, before which he worked at both MSREF and Merrill Lynch in London.
At Morgan Stanley, for almost three years until May 2011, de Souza worked across a number of complex real estate private equity transactions as well as for New River Retail, the 90:10 joint venture with New River and PIMCO, targeting the purchase of Grade B shopping centres throughout the UK.
He also worked on the Four Seasons Healthcare debt-for-equity restructuring negotiations with bondholders, Omega Land Group, in securing consensual handover of assets to lender on a portfolio of land plots, and for Canary Wharf Group he was involved supporting a number of capital raising exercises for Songbird Estates, the publicly-listed vehicle with a majority position in Canary Wharf Group.
de Souza worked at Merrill Lynch’s real estate principal investing division, which spun out to become Peakside, for just under two years, following graduation with a degree in economics from Oxford.