Head of Hermes debt tips to grow well

To manage the real estate arm of the British fund manager named Marcus Palmer on its new debt.miu miu shoulder Hermes Real Estate has always focused on real estate investments. Palmer was previously a partner at consulting firm Chalkhill Partners where he developed real estate platform of the company. Before joining Chalkhill Palmer has held several leadership positions at Anglo Irish Bank, Royal Bank of Scotland and Barclays Capital. According to Palmer Linkedin profile before he Chalkhill in 2011, he spent three years at Anglo Irish. There he was responsible for the management and restructuring of around EUR 6.5 billion in the exposure of the property, which was launched by the bank and acquired by the National Agency for the management of the assets of Ireland. Palmer will report to Ben Sanderson, director of international investments Hermes Real Estate, and is responsible for developing a strategy for the company's debts. Sanderson told Financial News: "The opportunity to take advantage of this funding gap [left by traditional lenders] We'll see how it goes.." Hermes is the latest example of fund managers looking for opportunities in real estate debt. Other active fund managers in the area include M & G, which is part of the British insurer Prudential and Legal & General Investment Management, organized on behalf of the insurance holding company offers. DTZ Consulting in May estimated that the growth of real non-bank mortgage lenders in Europe ready to create a surplus of loans in certain markets was - in the UK, Germany, France and Sweden - in the next two years. The Company believes that the potential of loans from European non-bank lenders between 2013 and 2015 to $ 181bn of its 80 funds, from estimates of $ 173bn of 68 funds in November.