This article is from the Australian Property Journal archive
AFTER an 18-month period of growth, real estate fund manager EG has appointed Roger Parker and Chris Pak as joint managing directors.
Parker and Pak will join the existing leadership team that includes CEO Adam Geha and chairman Michael Easson.
EG recently doubled their size of assets under management, increasing to $5.1 billion, and almost doubled it team size since January 2020.
The appointments mean Geha will be liberated from the operational aspects on the business while still maintaining his oversight as chair of both the executive and investment committee.
“EG has always been a data-driven investment manager. Now that investors are looking for greater capital returns post-pandemic, the appetite for major investments in prop-tech such as data engines and visualization, digital twins and ESG platforms has never been greater. EG is already incubating the next “tiny-giant” start-ups that will shake up the industry,” said Geha.
Parker, EG’s executive director of nine years, will assume the title of head of distribution leading all capital raising, business development and marketing endeavours across the business. Through his career he has been directly responsible for equity capital raisings across Australia and the UK exceeding $4 billion and capital transactions of assets across domestic and offshore investment sectors totaling over $3.5 billion. He has previously held senior positions at Lendlease, Colonial First State and Investa Property Group.
Pak will step into the role of chief investment officer, working closely alongside head of capital transactions, Sean Fleming and divisional director of asset management, Gemma Moulang. He has over 25 years’ experience in the real estate investment industry, and has worked on creating over $10 billion of listed and unlisted fund products across both real estate equity and debt investments in companies such as Westfield, Colonial First State and Challenger.
