Catherine Webster will take over at PfP Capital in January next year 

Real estate fund manager PfP Capital has appointed Catherine Webster as its new chief executive. 

Webster will start at the environmental and social value-focused business, which is owned by social landlord Places for People, in January next year.  

catherine webster

Catherine Webster will take over as PfP Capital’s chief executive in January next year

She is joining from property development and investment specialist Quintain, where she is executive director for strategy and investment, leading on business strategy, financing and investment initiatives.

Greg Reed, group chief executive officer of Places for People, and board member of PfP Capital, which has £600m under management across its three existing funds and growth plan, stated the appointment was a “stellar” one for the group. 

“Since it was founded five years ago, PfP Capital has been successful, and we now have big plans for growth, we have the opportunity to build on our success to-date and really scale-up the business,” Reed said. 

“We have a brilliant team in place at PfP Capital and we’re grateful for the work and vision of former managing director Chris Jones who founded the PfP Capital business out of Places for People in 2017 and retired earlier this year.”

Webster has 30 years experience in real estate investment and finance and has held several senior investor and lender roles. This includes private equity, fund management and investment banking at Hudson Advisors (Lone Star Funds), TIAA & Lehman Brothers Global Real Estate. 

Her experience is pan-European, across residential and commercial sectors and as an owner, JV partner, fund investor, mezzanine and senior lender. 

Webster said: “PfP Capital has established itself as a key player with a strong reputation in the market. The excellent team has nurtured partnerships with leading institutional stakeholders and has built a great base for future expansion as we look to not only grow the existing funds but also add new funds. Backed by the power of Places for People, the potential for growth from this solid foundation is massive.”