Orchard Street appoints top fund manager Mark Russell as Partner
Orchard Street Investment Management (‘Orchard Street’), the specialist commercial property investment manager, is pleased to announce that Mark Russell, formerly of Legal & General (‘L&G’), is joining the Partnership in October, bringing the benefit of over two decades worth of experience, including 10 years’ managing L&G’s flagship £3.2bn Managed Property Fund.
At L&G, Mark led the Managed Property Fund through a sustained period of fund expansion and oversaw more than £2.5bn of transactions in the UK market. Prior to his time at L&G, he was a Portfolio Manager at Prestbury. He started his career in the real estate industry at Jones Lang Wootton in 1996.
At Orchard Street, Mark will report directly to Philip Gadsden and will also become a member of the firm’s Investment Committee.
Philip Gadsden, Managing Partner at Orchard Street said: “Mark joins at an exciting time for Orchard Street as we build on a strong period of growth and we look forward to having him on board. His extensive experience will be invaluable in helping us to continue promoting our new business ventures as well as managing the existing £4bn of assets under management for the firm’s existing clients.”
Mark Russell added: “I am delighted to be joining the Partnership team at Orchard Street. The expertise and structure of the team – some of whom I have worked with previously – is positioned to continue to deliver robust performance from responsible investment practices. I am thrilled by the opportunity to contribute to the ongoing success of this leading boutique investment manager.”
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Orchard Street Investment Management
Established in 2004, Orchard Street Investment Management LLP is a leading specialist commercial property investment manager, focused on the UK market. It acts on behalf of institutional clients world-wide to advise on investing in and the active management of property assets, including industrial, retail warehouses, offices and shopping centres. Orchard Street currently has assets under management exceeding £4 billion.