Schroders has named its new head of Schroder Real Estate Capital Partners (SRECaP) as Sarah Cockburn.
The role has overall responsibility for the management and investment performance of the £4 bn indirect real estate business.
Cockburn will also become a member of the indirect investment committee, reporting to Nick Montgomery, head of UK real estate investment.
Sarah has 21 years‘ industry experience, having spent the last 12 years at Kames Capital and PGIM, where she was most recently an executive director and member of the global management committee.
While at Kames, Sarah established the Kames indirect property team, was head of unit linked property funds, a member of Kames’ global sustainability committee and managed the Aegon UK property fund. These roles involved developing strategies and managing capital for both local authority and other institutional investors.
Before joining Kames, Sarah managed funds for both Goodman and Aviva, including the Aviva Staff Pension Scheme and the Airport Property Partnership, a specialist airport joint venture between Aviva and BAA.
Her experience across indirect and direct markets will support SRECaP’s continued focus and outperformance for clients against the backdrop of Local Government Pension Scheme reform and the continued growth of Schroders specialist Partnership Fund Strategies.
Welcoming Cockburn to the firm, Duncan Owen, global head of Schroder real estate, said: ‘We are delighted to further strengthen our team with Sarah’s appointment. She has a long and proven track record of outperformance with a number of specialist strategies.
‘Working alongside the existing senior fund managers, Sarah adds an extra dimension to our capabilities enabling us to meet the evolving needs of institutional clients including local government pension funds.’