Former Man Group and Octopus Real Estate executives Matthew Pritchard and Gavin Eustace, backed by funds managed by Oaktree Capital Management have launched a new development lending platform targeting £3 bn (€3.4 bn) of new financings.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
