Patron was established in 1999 to
make value-oriented and opportunistic real estate and real estate
related investments in Europe including investment in real estate,
corporate operating entities whose value is primarily supported by
real estate and distressed debt and credit related businesses.
Since its founding, Patron has raised a total of €1.58 billion from
institutional and high net worth investors from Europe and the US.
To date, €1.161 billion has been invested and identified for more
than 100 transactions within 46 investments or programs, involving
over 18 million square feet (1.7 million square metres) of assets
in 13 countries.
The core of the Patron organisation
is its 66 person in-house team led by Keith Breslauer
including 36 investment professionals (the "Investment Team")
averaging 14 years of real estate experience and an
additional 30 individuals with significant long term
experience focused on legal, finance, tax and administration.
Together, the broad and deep in-house team is skilled in
investment, management, development and real estate operations,
having the capability and experience to critically engage with
opportunities and counterparties to maximise investment returns
while limiting downside investment performance. Patron's main
advisory offices are located in the UK and Luxembourg with
operations in Germany, Italy, Spain and Poland. In addition, it has
established dedicated asset management platforms in Germany and
Poland and controlled partnerships France and Romania, together
currently employing 80 professionals.
Patron supplements its in-house
team and asset management platforms with its broad network and
long-standing relationships with local participants,
intermediaries, management teams and originators throughout Europe.
The extensive in-house resources of the Patron Team enhance the
process of partnering with local participants, strengthening
Patron's ability to effectively assess, monitor, manage and
supplement the local participants' activities. The Patron platform
effectively acts as an owner-operator, teaming up with key local
participants and advisers where necessary.
The exceptional culture of the
Patron Team is founded upon an energetic and entrepreneurial
working environment, where a collegiate atmosphere fosters a strong
commitment to the firm. In addition, the Patron Team has aligned
itself with limited partners and is among the top ten investors by
size across all the Patron Funds, with significant personal
financial commitment from employees at every level. The Patron
Team's commitment and financial alignment, coupled with highly
transparent, detailed reporting and frequent investor
communications, results in an active partnership with its
investors.