Benson Elliot expands senior team

29 September 2008 — Benson Elliot Capital Management, the private equity real estate firm, announces that it has made additions to its management team as it continues to expand its business across Europe.

Joseph P. DeLeo, Partner and Director of Portfolio Management

With 12 years’ private equity real estate experience, Joseph is responsible for the delivery of Benson Elliot’s investment strategy across its portfolio. Joseph joined Benson Elliot from Fortress Investment Group where, as Managing Director, he directed a team of 40 professionals overseeing the commercial real estate investment management activities in Germany. This included the management of a €5.4 billion, 600 property office and retail portfolio. Previously, Joseph was Vice President, Corporate Development & Investments at Oxford Properties Group, a Toronto, Canada based global real estate investment company.

Dorothee Wintle, General Counsel

A member of both the New York and Paris Bars, Dorothee has become the senior in-house legal professional for Benson Elliot, overseeing a range of corporate and investment activities, and managing external counsel on transactional and other matters. Having worked previously at Jones Day and, before that, in the Paris office of Clifford Chance, Dorothee brings to Benson Elliot extensive real estate and corporate experience. Dorothee has provided investment, financing, management and disposition advice to numerous leading international property players, including The Carlyle Group, Deka, Tishman Speyer, Morgan Stanley and UBS. One of the most prominent transactions with which Dorothee was involved during her time with Jones Day was Morgan Stanley Eurozone Office Fund’s €300 million acquisition from Apollo Real Estate of the Tours Pascal in La Defense.

Marc Mogull, Managing Partner at Benson Elliot, commented: “Our success at Benson Elliot has been a product of the outstanding team we have assembled. As we consider the opportunities and challenges our sector will confront in the next few years, the ability to attract top calibre talent will continue to be decisive in delivering investment success and market leading returns. I am delighted to welcome these experienced and respected professionals to Benson Elliot. Their expertise will prove invaluable as we service the investments we have made for BEREP II and drive to achieve our ambitions for future funds."