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MSC Trustees has been appointed as the new trustee and responsible entity for two Alceon funds following a tender process undertaken by the real estate division of fund manager Alceon Group. ....
In a joint statement about the move, Trevor Loewensohn, managing director of Alceon, and Grant Atchison, managing director of Freehold, said: “We are very excited about the combination of our businesses. We have had an excellent working relationship for many years, which has been further developed over the past 18 months and combining the businesses provides us with a wonderful opportunity to further expand and enhance our investment capabilities and solutions for our clients”. Following the merger, Atchison was appointed head of real estate funds management leading the development of the institutional and wholesale real estate funds management for the combined group. He would also assume responsibility for the management and operation of the Alceon Real Estate Senior Debt fund. ....