Prior to Invel, Chris was a Managing Director and Global Head of RREEF Opportunistic Investments (ROI), the division of RREEF Real Estate that specialises in high yield real estate investment strategies. Previously, he was the Co-CEO for RREEF Alternatives in Europe, Middle East and Northern Africa and was instrumental in consolidating RREEF’s broader alternatives platform in the EMEA region. While at RREEF, Chris completed and / or restructured over 60 investments totalling in excess of $20bn of gross asset value. Amongst others, he led the corporate restructuring, refinancing and repositioning of the French department store Le Printemps; the acquisition, repositioning and subsequent sale of La Rinascente, Italy’s leading department store; as well as the acquisition, subsequent restructuring and sale of Newreal S.p.A, then the commercial real estate subsidiary of Enel, Italy’s largest power company.
Luv joined Invel at inception, and has circa 16 years of real estate private equity investing experience. He is instrumental in the underwriting, execution, and management of Invel’s transactions, as well as helping to guide the firm’s investment philosophy along with Invel’s other principals. Luv has extensive experience structuring and executing complex distressed, corporate, portfolio, and property-level real estate private equity transactions in the United States, Latin America, Europe and Asia, having closed and managed transactions totalling over €5 billion of gross asset value.
Prior to Invel , Luv most recently spent 2.5 years as a Principal of Ranieri Real Estate Partners in New York, focusing on the acquisition of distressed commercial loan portfolios and individual distressed assets, and the prior 11 years holding various global roles with Deutsche Bank / RREEF, largely focusing on opportunistic real estate private equity transactions. Notable European acquisitions at Deutsche Bank / RREEF include the circa €1 billion acquisition of La Rinascente, Italy’s leading department store company and the circa €1.4 billion acquisition of Newreal S.p.A., then the commercial real estate subsidiary of Enel, Italy’s largest power company.
In addition, Luv has a lifetime of hospitality experience as a co-owner of his family business, which currently owns and operates five hotels comprising over 425 rooms and has three hotels under construction, located in the mid-Atlantic and southern United States. He is extensively involved in the origination and execution of hotel development and NPL/REO opportunities, as well as all major operating and management decisions for the existing portfolio. Luv has worked with stakeholders in all parts of the hospitality investment process, from origination (i.e. commercial banks, special services, property / loan brokers, and property owners), to investment (e.g. financing banks, legal counsel), to operations (i.e. franchisors / brands, management companies, development partners).
Luv received his B.S. in Economics from the Wharton School of the University of Pennsylvania.
Arnaud joined Invel in March 2014.
He is instrumental in the execution and management of Invel’s transactions, as well as helping to guide the firm’s investment philosophy along with Invel’s other principals. Arnaud comes from an Investment Banking Advisory background. Prior to Invel, he was Managing Partner with Brookfield Financial, the real estate focused investment banking arm of Brookfield Asset Management Inc. Before Brookfield Financial, he was a director in the Eurohypo Global Advisory team. Arnaud has over the years advised institutional clients on a wide range of real estate transactions across Europe, from M&A to corporate and debt restructuring, fund raising, JV creations, and IPOs. Amongst others, he was involved in RREEF and Borletti Group’s equity disposal of the “Le Printemps” transaction in 2013, in the Inmobiliaria Colonial restructuring, and in the acquisitions and take privates of Groupe Taittinger and Société du Louvre. Before moving into Investment Banking Advisory, Arnaud started his career with PwC audit in Paris and London.
Arnaud received his Master’s degree in Finance and Post Master’s degree in Corporate Taxation from the University Paris Dauphine
Thanasis joined Invel in March 2014 after more than 6 years of experience with RREEF, the private equity real estate arm of Deutsche Bank. During his time at RREEF, Thanasis was part of the Opportunistic, European and UK teams and was involved in more than 12 transactions worth almost €1.6bn as well as debt transactions and restructuring of €320m throughout Europe. As part of his work in RREEF, he was responsible for financial underwriting, commercial negotiations, structuring and executing of projects expanding from core/core plus to value-add and opportunistic spectrum. In parallel with his transaction work, Thanasis was actively managing a portfolio of office, retail and leisure assets worth in excess of €500m with the view to maximise the value through repositioning, re-letting, debt restructuring and other strategic activities.
Prior to his work at RREEF, Thanasis was involved in the hotel and insurance sectors.
Thanasis holds an undergraduate degree in Economic Sciences from Athens University, a MBA degree from Athens University of Economics and Business and a Master in Corporate Real Estate Strategy from Cass Business School.
Aristotelis joined Invel in October 2016. He supports the team with research, due diligence, financial modelling of potential investments as well as asset management.
Prior to joining Invel, Aristotelis worked as an Intern at LMN Capital Partners and Natixis Investment Bank in London. Aristotelis holds a Master’s degree in Finance from the London School of Economics and a Bachelor’s degree in Economics from the Athens University of Economics and Business. During his undergraduate studies, Aristotelis also worked as a Research Assistant and interned at the Central Bank of Greece.
Francesco Molinari is responsible for acquisitions in Italy. He joined Invel in September 2014 and has 8 years of experience in private equity real estate.
Prior to Invel, Francesco was an Associate Director at The Carlyle Group were he focused on the acquisition of opportunistic real estate deals, and closed transactions exceeding €600m, among which were portfolio deals, mixed-use properties, and corporate real estate transactions.
Prior to joining Carlyle, Mr. Molinari was an Auditor for PwC in Milan.
He received his degree in finance from Bocconi University in Milan, with a dissertation focused on industrial real estate developments.
Angelo joined Invel as an Analyst in April 2017 and works in the Italian team in both investment underwriting and asset management. In particular, he is involved in the financial modelling, due diligence and investment memos on potential opportunities, as well as asset management activities on acquired properties located in Italy.
Prior to joining Invel, Angelo was an Analyst at COIMA Group, where he was part of the Investment team and was involved in the acquisition of assets worth c. €100 million.
He holds an undergraduate degree in Finance and a Master’s degree in Corporate Finance from Bocconi University. During his time at university, he spent a semester abroad at University of Virginia, McIntire/Darden Business School, and interned at BNP Paribas in the Corporate Finance M&A division.
Piergiacomo joined Invel as an Analyst in September 2017 and works in the Italian team in both investment underwriting and asset management. In particular, he is involved in the financial modelling, due diligence and investment memos on potential opportunities, as well as asset management activities on acquired properties located in Italy.
Piergiacomo holds an undergraduate degree in Project Management for Construction from UCL and a Master’s degree in Real Estate Finance from the University of Cambridge, where his research focused on the theories of capital structure for European REITs. During his time at university, Piergiacomo worked as an Intern for Saudi Binladin Group, in Doha, and for Lassen Global, in Madrid.
Davide acts as Senior Advisor to Invel and is heavily involved in Invel’s day-to-day operations in Italy.
From 2001 to 2014, Davide was Managing Director / CEO of RREEF for Italy. In this position, he had the responsibility of the Italian local platform part of the RREEF industry (Deutsche Bank Group). His main role was to develop a stable organization with strong real estate and financial figures able to work on large and complex real estate portfolios. The team managed was composed by 28 employees. Starting from January 2001, Davide managed investments for more than €8 billion, with a disposal activity during this period of about €10 billion.
Before RREEF, Davide was head of asset management for Healy & Baker (now Cushman & Wakefield) in the Milan office.
Davide has a degree in political science from the Milan University and a Master in Facility Management from Politecnico di Milano.
Pippa joined Invel in October 2014 after 6 years’ experience in practice accountancy and audit.
Pippa is ACA qualified and has worked at London based firms Nyman Libson Paul and Kingston Smith as a General Practice Manager. She specialised in working with Film, Music and Theatre clients before moving into the Property & Real Estate sector. She has experience in corporate, indirect and personal tax, overseas jurisdictions, FCA compliance and reporting, and accounting for complex business structures.
Pippa holds a BA degree from Durham University in Music.