Richard Cotton, property’s best-known investment banker, is leaving JP Morgan Cazenove after 22 years at the blue-chip broking firm.
Cotton told clients today that he would be joining Forum Partners, a global real estate investment and asset management company with more than 50 employees in six offices across Europe, North America and Asia.
Cotton, a managing director in the corporate finance division of JP Morgan Cazenove qualified as a chartered surveyor while working with Richard Ellis. He joined Cazenove in 1986 as a property analyst, moving to the corporate finance department in 1998. He was made a partner in 1994 and was appointed a managing director in 2001. Cazenove joined forces with JP Morgan in 2005.
His new employer, Forum Partners, manages $2bn of assets for institutional and individual investors worldwide. Forum specialises in privately-negotiated structured equity and debt investments. It was set up in 2002 by Russell Platt, Andrew Walker and Caroline McBride.