DENVER, Sept. 7, 2017 /PRNewswire/ -- Amstar, the Denver-based real estate private equity investment manager, has hired Chris Zeuner to head its European business. Mr. Zeuner, as the new Head of Europe, will start with the firm on October 1, 2017 and will be responsible for managing Amstar's existing EUR900 million portfolio in Europe and growing the firm's European platform. Jeffrey Stonger, current Head of Europe, will ensure a smooth transition before relocating back to the U.S. in early 2018 where he will be responsible for various investment and corporate initiatives.
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Most recently, Mr. Zeuner was head of LaSalle Investment Management's Central European business, where he executed upon all of LaSalle's EUR300 million of transactions in the region since 2012. In addition, Mr. Zeuner was also Head of Acquisitions at LaSalle for Northern, Central and Southern Europe. Prior to LaSalle, Mr. Zeuner was Managing Director at JER Partners, a US-based real estate private equity group that was sold to LaSalle in 2012. Before JER, Mr. Zeuner was head of CEE acquisitions and business development at GE Real Estate, where he established their Warsaw office and closed over EUR1.4 billion of transactions.
Mr. Zeuner graduated from Nottingham Trent University, is a member and assessor of the RICS and also sits on the ethics committee of the Czech Association of Developers.
Amstar President, Jason Lucas, said, "We are thrilled that Chris is joining Amstar to lead our European business. His strong, pan-European experience and excellent track-record in growing platforms will enable Amstar to fulfil the ambitious growth targets which it has for Europe. I am looking forward to working closely with Chris in the coming years."
Established in 1987 and headquartered in Denver, Colorado, Amstar is a real estate investment manager that acquires, develops and manages all major property types in the United States and in select international markets. The company's two primary divisions include: i) Amstar Group LLC ("AGL"), which targets value-add acquisitions, major renovations and repositionings and opportunistic ground-up developments in the Americas, and ii) Amstar Global Partners Ltd. ("AGP"), which invests opportunistically in ground-up developments through commingled funds in select international locations.
AGL was founded to manage the real estate allocation of its large family office owner. In 2007, Amstar began expanding its capital base through AGP, as Amstar diversified its investment activities outside the United States. Amstar has grown to approximately $1.5 billion in assets under management as of March 31, 2017 and is proud of the company's 30 year track record of successfully investing in real estate. Amstar's clients and partners originate from across the globe and include U.S. and European institutions, insurance companies, private banks, fund of funds and other family offices. Amstar's core investment strength lies in its consistent application of disciplined underwriting standards while remaining nimble and decisive in taking advantage of opportunities in a rapidly changing global investment environment.
Amstar is a privately-owned company with 38 professionals, and is based on a culture of trust, integrity, and respect.
CONTACT: Jeffrey E. Stonger 303-573-4146 email@example.com [mailto:firstname.lastname@example.org]
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Web site: http://amstar.com/