Investcorp hires Hasson as Managing Director

Investcorp yesterday announced the appointment of Neil Hasson as a Managing Director to spearhead its European real estate investment initiative. Hasson joins as the Firm targets the European property sector in line with its strategy to diversify its range of investment products, marking another significant step in driving the Firm’s future growth.

Investcorp has a long-established US real estate business and has closed transactions with a value totalling around $1.5 billion in the past year, including student housing in Florida, apartments in Atlanta, Chicago, Dallas, Denver and Minneapolis, and commercial property in the Northwest, Southwest and West Coast.

Hasson will be responsible for developing Investcorp’s European real estate investment business with an initial focus on core-plus opportunities in residential and commercial properties across the United Kingdom, Germany, France, Italy and Spain. He will be based in London and will report to Investcorp’s Head of Real Estate Investment, Jonathan Dracos, based in New York.