CR Investment Management, the pan-European investment and advisory business, has appointed the former global head of commercial real estate at Deutsche Bank, John Nacos, to its board.
Prior to which, Nacos worked at Merrill Lynch for 11 years where he established and managed Merrill Lynch’s mortgage financing, opportunistic real estate and MBS/ABS trading activities in Europe. In September 2011, Nacos joined the board of directors at O1 Properties.
Michael Stanton, O1 Properties’ chief investment officer, has also joined CR Investment Management’s board, joining CR’s shareholders and four founding partners and managing directors: Jacob Lyons, Claudius Meyer, Stephen Benson and Torsten Hollstein.
Stanton has more than 20 years of finance experience and has held positions at GLS Capital, Oppenheimer & Company and Westpac Banking Corporation in New York. Stanton has also worked for Otkritie Financial Corporation from 2006 to 2010.
Under Stanton’s leadership, O1 Properties has become the largest owners of prime office real estate assets in Moscow, currently valued at $4.3bn.
CR said Nacos and Stanton’s role at CR will particularly focus on further developing debt and equity strategies, including capital markets.
Jacob Lyons, Managing Director at CR, said in a statement: “We are pleased to welcome John and Michael to the board of CR. John and Michael are very well regarded in the industry and bring valuable experience to the table. We look forward to working together to further develop our debt and equity strategies.”
CR is a pan-European financial advisor, investor, lender and asset manager. CR serves a wide range of clients from global and local banks and institutions to private equity investors and hedge funds.
The firm undertakes advisory activities such as asset management and loan servicing as well as principle finance activities including lending and debt and equity investment. CR covers multiple sectors, but is predominantly focused on real estate.