Capital Markets Committeeanja2022-09-15T09:24:50+00:00
The Capital Markets Committee brings together global institutional capital and investment funds, private equity, and debt capital providers, in addition to hospitality owners/operators, to share perspectives, promote innovation and address the challenges faced in the hospitality sector.
The Committee aims to:
Promote knowledge-sharing on how the hospitality sector is addressing ESG from an investment and asset management perspective, across different pools of capital.
Consider the role of brands in complying with regulation and achieving sustainability goals.
Accelerate the growth of sustainable investment and ESG financing in the hospitality sector.
Raise awareness of how operations are being adapted to make hospitality assets more sustainable and illustrate how the activity is being measured and reported.
Help investment committee processes change to accommodate the evolving regulatory and investment landscape.
Increase understanding of how Net Zero initiatives can be priced.
Monitor the changing regulatory landscape and how it is impacting investment appetite and processes.
Develop standardised investment KPIs which help promote benchmarking, using common metrics.
Coley Brenan, Partner, KSL Capital Partners, runs the KSL European office, based in London. KSL is a leading private equity firm with approximately $8.0 billion of equity capital commitments raised since 2005 and a 20-year track record of making investments exclusively in travel and leisure businesses.
Through its investment vehicles, KSL has owned, operated and franchised some of the largest and most renowned hotel and resort properties in the United States and Europe, including approximately 62,000 hotel rooms, 1,100 restaurants, 575 retail stores, 1,100 spas, 700 leisure clubs and 300 golf courses with 1,100,000 members, 30,000 skiable acres with 260 ski lifts and 12 aviation FBOs.
In Europe, KSL currently own, The Pig Hotels, a collection of award-winning rural boutique hotels located throughout southern England, Beaumier, a collection of 8 boutique hotels located in the French Alps, French Riviera and Provence, Village Hotels, a collection of 32 hotels located throughout the UK; Cameron House Hotel, a 140 – room golf resort on the shores of Loch Lomond, Scotland and Third Space, a collection of 6 premium fitness clubs located across London.
Elizabeth Davies leads the Hotel Real Estate Finance business at HSBC UK Bank Plc. She has 18 years of real estate finance experience including several years in restructuring. Having originally trained as a Chartered Surveyor, Elizabeth is passionate about supporting customers through the challenges of market cycles, helping them to evolve sustainably, deliver on the opportunities, and ultimately thrive.
Tareq Fontane joined the Kingdom organization in 2015 as Senior Associate in the Asset Management Department.
Since joining, Tareq has been involved in several transactional and asset management assignments including the sale and merger of Fairmont Raffles Hotels International in 2016 and Mövenpick Hotels & Resorts in 2018, both to Accor. Tareq has also been actively involved in the asset management activities of the Four Seasons Hotel George V in Paris as well as The Savoy Hotel in London.
Prior to joining the Kingdom organization, Tareq was a Manager in the Feasibility and Development Planning department at Marriott, where he performed feasibility studies supporting the company’s development plans in the Middle East and Africa region. Work involved macro / micro market fieldwork and desktop feasibility studies in order to ensure long-term value for the company and realistic expectations for owners.
Tareq received a Bachelor of Science in Hotel Administration from Cornell University with a Minor in Real Estate & Finance.
Mrs. Bettina Graef-Parker is a Managing Director at Aareal Bank AG, responsible for the Bank’s Special Property lending. This
includes the Hotel Finance Group, as well as the bank’s Turkish and Scandinavian lending activities. With her team, she is responsible
for the structuring and origination of various forms of loans to the lodging industry. Aareal Bank AG provides property finance solutions in more than 20 countries across Europe, North America and Asia.
Aareal Bank AG holds a portfolio of roundly EUR 8 billion of hospitality related financings. Including Mrs. Graef-Parker, the Hotel Properties Team consists of ten professionals with in-depth knowledge of the hospitality industry. The team focuses primarily on lending to first-class hotels in prime locations, as well as portfolio transactions.
Prior to joining Aareal Bank in 2003, Mrs. Graef-Parker was a Senior Associate with HVS International in New York, where she provided valuation and consulting services to various types of investors in the hospitality industry. Mrs. Graef-Parker holds a BSci degree in Hospitality Management from the Lausanne Business School of Hotel Management in Switzerland, where she graduated in 2000 with high honours.
Caroline leads the Real Estate Finance Transaction Management Team at HSBC UK Bank plc. She is a qualified lawyer and has over fifteen years’ experience working in finance in private practice and at HSBC. She manages a team of sixteen transaction managers, specialising in property due diligence, legal documentation and commercial risk analysis.
An east coast native now based in the San Francisco Bay Area, Corinne brings a decade of experience as a sustainable business specialist with a background in public policy and coalition building. She believes that business is an essential driver for positive change and possesses deep expertise in sustainability strategy and helping companies navigate the challenges inherent to building a sustainable economy.
Now the Corporate Director of Sustainability and Impact for SH Hotels, a mission-driven sustainable hotel company, Corinne leads their sustainability strategy, analytics, employee engagement, communications, and reporting work.
Prior to joining SH Hotels & Resorts, Corinne spent 5 years with SustainAbility in San Francisco, CA, where she was the primary architect and advisor for over 20 sustainability projects for Fortune 500 companies including Facebook, Starbucks, AMD, Nestlé, and McDonald’s. Corinne also led the Global Footprint Network through a redesign of their project and financial strategy, which included developing new products, communications, and coordinating private-sector partnerships focused on resource minimization strategies.
Prior, she worked with the Natural Resources Defense Council in Washington, D.C., where she co-managed NRDC’s Global Water Project and executed legislative and political actions to ensure the protection of our water, air, lands, and communities.
David Kellett is a Managing Director of Hotel Transactions at Invesco Real Estate, co-heading
the specialist hotel fund management team at Invesco Real Estate.
David began his investment career in 1999 and joined Invesco Real Estate in 2018 from
InterContinental Hotels Group (IHG) where he worked for 6 years, holding senior roles
including head of investor relations and head of development in Europe. Prior to IHG David
worked in investment banking at JP Morgan, Merrill Lynch and an independent boutique.
David has 22 years of transaction experience, which has focused on real estate, hospitality
and leisure sectors for the last 17 years.
David earned a degree in Chemistry from the University of Oxford. He is based in the London
Natalia is an experienced real estate professional, previously working in leadership positions across public and private sectors. She is currently driving performance of a specialist asset management team at LaSalle, focusing on European living and hospitality strategies with AUM of €3bn. Starting her career in hotel operations at IHG and consultancy side at TRI and JLL Hotels, she then moved into asset management for two open-ended funds at Legal & General, followed by running property investments for Asia Pacific Investment Partners and later managing surveying team at London Borough of Lewisham.
An active volunteer within not-for-profits, Natalia serves as a Non-Executive Director of Transform Housing & Support (RP) and a Trustee of the International Students House Charity. She is a member of BPF’s Affordable Housing Committee and a Cohort Mentor for REACH UK, Second Century Ventures. Natalia is also a member of the Royal Institute of Chartered Surveyors.
Lauren Okada Young is a Senior Vice President in Brookfield’s Real Estate Group, responsible for overseeing new and existing investments in the hospitality sector across Europe.
Ms. Okada Young joined Brookfield in 2012 in New York and relocated to London in 2016. Since joining, she has been involved in several significant acquisitions, including edyn, Student Roost, and Thayer Lodging Group.
Prior to joining Brookfield, she was an Analyst in Bank of America Merrill Lynch’s Real Estate, Gaming, and Lodging Investment Banking Group where she focused on M&A and corporate finance. Lauren received a Bachelor of Arts in mathematics and economics from Colgate University.
Ben Patton joined the international business of Federated Hermes in April 2015 and is the Head of Real Estate Debt. He is responsible for the origination, execution and portfolio management of real estate debt transactions across various European real estate debt strategies with AUM of approximately £1bn. Prior to Federated Hermes, Ben spent eight years working in the Barclays Real Estate team within Barclays Corporate Bank. Ben has a BSc in Management Studies from the University of Leeds.
Dr Sabine Schaffer is Co-Founder & CEO (Europe) at Pro-invest Group and is one of the founding members of the Group.
Since inception of the business, she was instrumental in establishing Pro-invest as one of the leading integrated real estate platforms within Australasia covering all aspects of development, asset management as well as day-to-day operations. The Group currently managing in excess of 2 billion AuM across hospitality and commercial assets in the form of closed ended funds, managed accounts as well as co-investment programs. One of the biggest achievements is the positioning of Pro-invest as a leader when it comes to ESG proven by the fact that all the assets within the Pro-invest estate to date are achieving some of the highest environment ratings ( including the very first carbon neutral hotel according to NABERS ratings)
Sabine’s career started more than 25 years ago and spans from looking after Private Equity investments at 3i into retail schemes, working on high profile projects with McKinsey & Company focusing on Finance and Public Affairs in Europe to working as Director of Investments at a GCC based Private Equity firm responsible for setting up and managing Private Equity Funds and sourcing co-investment opportunities across the region. Sabine focused on Real Estate and established a Real Estate Development Fund in the GCC for newly built office buildings.
Sabine holds a Master’s degree from Harvard University as well as PhD in Economics from Leopold Franzens University, Innsbruck, Austria.
Caroline has been the Svp, Director of Sustainable Business at Pandox since 2018, and has been part of Pandox Executive Management team since 2021.
Her main task is to integrate sustainability into the business model. This is done through various green investments programs where performance is linked to ROI. The big focus right now is to evaluate and analyse the possibility to set scienced based targets, green financing and the taxonomy legislation, but also in settling green agreements with its operators.
Previous to Pandox Caroline worked in different Communications roles at stock listed companies such as Investor relations Manager at telecom company Com Hem and at the biggest online bank in the Nordics, Avanza. She also has a background within accounting at Deloitte and corporate finance at Alfred berg (later ABN Amro).
Rekha is Senior Vice President in the Hotels Capital Markets at JLL, she is also Global Capital Markets Sustainability Council Member at JLL and Chair of the Capital Markets Committee of the not-for-profit Energy and Environment Alliance.
Rekha began her real estate career at Investec Bank in 2007 in structured property finance after which she spent a number of years on the sourcing and execution of commercial investment and debt opportunities across a number of real estate sectors including hospitality. Rekha has represented the interest of a broad spectrum of investors. Rekha’s interest in sustainability began during her time as Chief Investment Officer of Qbic Hotels in 2019, a sustainable hotel company which was backed by Cerberus Capital. Rekha is passionate about sustainability in the built environment and actively engages in strategic discussions and knowledge-share within JLL and beyond through the Energy and Environment Alliance. Rekha is a member of the Chartered Management Accountants and has an MBA from INSEAD business school.
Tim has been involved in the hotel industry for 40 years, the last 10 of which have been focussed on establishing Zeal Projects and Zeal Hotels.
Zeal Projects is a Project Management & Cost Consultancy company specialising in hotel and aparthotel construction. Zeal Projects has been involved with various brands including Hampton by Hilton, Holiday Inn, Holiday Inn Express, Ibis, Travelodge, Staycity, room2 & Quest Aparthotels.
Tim founded Zeal Hotels and in April 2019 opened the 138 bed Holiday Inn Express, at M5 J24 Bridgwater. This continues to be recommended as the benchmark going forward for the development of the Gen 4 HIX brand. Zeal’s 2nd hotel, the 144 bed Ibis (Plaza) Hotel & Keepers Restaurant & Bar at M5 J23 Bridgwater successfully opened in April 2021.
Tim is a fellow of the Institute of Hospitality and in 2019 attained distinction on the Cambridge Institute for Sustainability Leadership course (CISL).
Reducing our carbon footprint in non-negotiable and Zeal Hotels is committed to developing and operating net zero carbon hotels. Tim is looking forward to collaborating with others in the hospitality industry who share the passion for a cleaner and more sustainable world.