Former Greystar executive Adam Tutka will lead on capital raising initiatives and support on product strategy.
Thriving Investments, (formerly known as PfP Capital), the socially conscious fund manager focused on the UK Living sector, announces the appointment of Adam Tutka to the newly created role of Director of Capital Markets. Adam will be responsible for expanding Thriving Investment’s social impact product range and growing the current £0.7 billion of funds under management, against a backdrop of heightened investor appetite for exposure to place-based investing opportunities that deliver a positive impact.
Based in London, Adam will leverage his deep capital markets experience to help further diversify Thriving Investment’s institutional client base, alongside supporting the current senior leadership team in growing Thriving Investments footprint and shaping the strategic direction of the business, including the launch of new products.
Adam brings over 12 years of real estate experience within the fund management and private equity space, during which time he has played a key role in amassing and managing over £5 billion of AUM for a mix of institutional investors, ranging from Local Government Pension Funds through to sovereign wealth funds. He joins Thriving Investments from Greystar where he was Senior Director overseeing UK and European growth funds under management within the living sector, having previously held senior roles at Artisan Real Estate Investors and Corona Real Estate Partners. He started his career as a financial analyst.
Cath Webster, CEO of Thriving Investments, commented: “Adam brings a wealth of capital markets experience and a proven track record in growing and managing funds with particular expertise in the living sector, both of which will be key as we accelerate our ambitious growth plans across a range of existing and new products. I look forward to working closely with him on our journey to create thriving communities in the critically undersupplied UK residential sector.”
Adam Tutka, Director - Capital Markets, added: “At Thriving Investments, private and public sector investors have a unique opportunity to access sustainable regeneration and placemaking at scale, delivering meaningful social impact to the communities that need it most and benefiting from attractive risk adjusted returns without compromising on purpose. This is a rare opportunity to work with a highly experienced team which has created and is looking to further grow one of the sector’s few truly vertically integrated social impact platforms.”