Patron Capital has named Matteo Busà as a partner. Previously, he worked at GIC where he was a vice president.
LONDON–(BUSINESS WIRE)–Patron Capital, the pan-European institutional investor focused on property-backed investments, has appointed Matteo Busà as a Partner, leading Patron’s investments in Italy.
Matteo joins from GIC, the Singapore Sovereign Wealth Fund, where he was a Vice President. He spent 10 years with GIC in total, including eight in London, where he originated and managed investment opportunities across multiple countries and asset classes, working on both the debt and equity sides of the capital structure.
Prior to GIC, Matteo spent four years working in real estate investment, at Pirelli Real Estate and then JER Partners.
Matteo will be based in London, with a primary focus on determining and implementing Patron’s investment strategy for Italy. With experience across other markets and fund investment, Matteo will also support origination in other European markets and be involved in future fundraising activity.
Keith Breslauer, Managing Director of Patron Capital, said:
“The Italian market is very important to us and we intend to invest at least €200-300m of our funds there. We have invested in Italy for the past 18 years and, given recent regulatory actions within the banking system, we see significant future opportunities. Matteo brings with him new relationships and new ideas that will position us well to take advantage of Italy’s ongoing recovery.”
Matteo Busà said:
“Patron has an exceptional reputation in terms of its approach, the quality of its investments, the returns it delivers and its company culture. Successful opportunistic investing requires creativity and a range of on-the-ground contacts and I’m looking forward to working with the team to take advantage of the opportunities the Italian market brings, while also supporting the company’s activity in other markets across Europe.”
About Patron Capital Partners
Patron represents approximately €3.4 billion of capital across several funds and related co-investments, investing in property, corporate operating entities whose value is primarily supported by property assets and distressed debt and credit related businesses.
Since it was established in 1999, Patron has invested in over 75 investments and programs involving over 65 million square feet (6 million square metres) in 16 countries, with many of these investments realised.
Investors represent a variety of sovereign wealth funds, prominent universities, major institutions, private foundations, and high net worth individuals located throughout North America, Europe, Asia and the Middle East. The main investment adviser to the Funds is Patron Capital Advisers LLP, which is based in London, and Patron has other offices across Europe including Barcelona, Milan and Luxembourg; the group is comprised of 76 people, including a 42-person investment team.
Further information about Patron Capital is available at www.patroncapital.com