Real estate investor and fund manager Cromwell Property Group (Cromwell) has announced the appointment of Cecile Babcock as head of business development, Europe.
Cecile has more than 12 years of experience in real estate investment and debt capital markets in the UK, North America and continental Europe. Prior to joining Cromwell, she co-headed business development at London-based investment firm Long Harbour. In this role, she was responsible for fundraising for the long income and multi-family programmes and creating the geographic approach to expansion into new regions.
Cecile has also held roles as head of product development and investor relations for multiple asset-backed debt originators in San Francisco and Silicon Valley.
She holds an MA in international relations and modern history from the University of St Andrews and an MBA from the University of Cambridge, during which she specialised in cross-border business.
Cecile will commence her role on the 1st June and will be based in London, reporting to Pertti Vanhanen, managing director, Europe.
Pertti Vanhanen, managing director, Europe, commented: “We welcome Cecile to the team and are excited to have somebody with her extensive knowledge and experience in this role. This is an important position for us and very much part of our broader strategy to increase assets under management across Europe as we continue our transition to becoming a capital light investment and fund manager.”