Kennedy Wilson Europe, the local subsidiary of global investment firm Kennedy Wilson, has appointed Mike Pegler as head of its UK business.
The newly created role holds overall responsibility for all UK acquisitions and asset management, as well supporting the firm’s capital raising efforts.
Prior to his promotion, Pegler served as head of European asset management (ex Ireland) and will continue to have overall oversight of this aspect of the business.
'Mike has played a central role in the running of our European portfolio and overseeing our progress across asset management, development and investments,' said Peter Collins, president of Kennedy Wilson Europe.
'We firmly believe this new position will see us better aligning our resources to meet our ambition to grow our UK business alongside our investment management platform over the coming years,' Collins added.
Pegler has over 20 years of experience in the property and investment industry, having joined Kennedy Wilson Europe in October 2015. Prior to this, he spent 10 years at Blackstone, where he was responsible for overseeing the management of various activities across Blackstone’s European business, including its pan-European logistics business (Logicor) and its UK office portfolio.