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Patrizia creates a new role of Head of Sustainability and Impact Investing

Mathieu Elshout

Deeds, not words: Patrizia is showing its commitment to sustainability, ESG and impact investing by creating a brand new position dedicated to these increasingly important themes.

The group announced yesterday that Mathieu Elshout will join on March 1st in a new role as Head of Sustainability and Impact Investing, in a strategic move that strengthens the development of new impact fund products and further drives the integration of sustainability into the company’s core investment processes.

Elshout, a Dutch citizen, joins from PGGM investments, where he held the position of Senior Director Real Estate EMEA, responsible for pan-European investments. He was also responsible for delivering high sustainability performance across PGGM’s private real estate portfolio and brings 20 years of professional experience in the industry as well a strong sustainability track record.

‘Our clients increasingly demand investments that generate measurable positive social and environmental impact besides solid financial returns’, said Anne Kavanagh, member of the Management Board and Chief Investment Officer, Patrizia. ‘Mathieu will have overall responsibility for sustainable and impact fund strategies that will become a cornerstone of our company-wide investment focus. It is an absolutely pivotal new business role to ensure that sustainability is always front and centre of all our investment processes’.

Elshout will initially be based in the Netherlands and will work closely with Aaron Scott, Patrizia’s Head of Strategy and ESG, and his team to ensure close alignment of impact fund management to the company’s overall corporate ESG strategy and planning. He will report to Edmund Craston, Head of Fund Management at Patrizia.

‘I am very much looking forward to joining Patrizia at such an exciting time when sustainability and making an impact becomes so central to the business’, Elshout said. ‘With my track record in sustainable real estate investing and having served on the Board of GRESB as a non-executive Director, as well Chair of INREV’s Sustainability Committee and ULI’s Sustainability Product Council, I am really excited to help Patrizia deliver on its purpose of building communities and sustainable futures’.

Patrizia manages over €46 billion in assets and employs over 800 professionals in 24 locations worldwide.