62% of letting agents say ban will reduce rental property quality

first_imgHome » News » 62% of letting agents say ban will reduce rental property quality previous nextRegulation & Law62% of letting agents say ban will reduce rental property qualityARLA research published reveals why total ban could be a disasterNigel Lewis3rd February 20170984 Views The Association of Residential Letting Agents (ARLA) has come out fighting on the fees ban, saying it opposes a total ban and that fess should instead be spread out over the first six months of the tenancy. It also says a ban is likely to have shocking consequences for the industry, tenants, landlords and the wider economy.ARLA has also completed research that it says shows 42% of letting agents think their headcount will reduce following a total ban, while 62% of the 1008 agents it canvassed think a ban will prompt a reduction in rental property quality, and 61% believe property management standards will drop.The research also reveals that letting agents “overwhelmingly” believe that rents will rise if a total ban is introduced, as they will “need to recoup the costs it takes to undertake the important jobs that fees currently cover [and] pass these on to landlords”, the research says.Agents spend eight hours on average completing the tasks needed to prepare a tenancy agreement including completing credit checks and collecting references, ARLA says.ARLA also claims that spreading the cost of fees to tenants over six months would make tenancies more affordable, enable agents to maintain current service levels and mean there would be no need for further fees to renew contracts.“When the Chancellor announced a full ban on letting agent fees in the Autumn Statement, we called the measure draconian and a crowd-pleaser. We stand by that,” says David Cox, ARLA’s managing director (pictured).“Nonetheless, we believe that ARLA’s proposal to spread the cost of the fees across the first six months of the tenancy will guard against the numerous unintended consequences of a full ban while also finding a solution that works best for the consumer.”letting fees ban letting agents landlords ARLA David Cox February 3, 2017Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021last_img read more

Global Citizen Announces 2018 Lineup For Free NYC Festival In Central Park

first_imgEvery year, the charity group Global Citizen recruits an incredible array of performers for their NYC festival. This year is no exception, as Global Citizen Festival has just announced another impressive lineup. Thrown in Central Park on September 29th, the fest will see headlining sets from The Weeknd and Janet Jackson, along with performances from Shawn Mendes, Cardi B, and Janelle Monáe. John Legend will also perform a special guest set.Husband-and-wife Australian actors Hugh Jackman and Deborra-lee Furness will return to host the event for 60,000 Global Citizens on Central Park’s Great Lawn, with millions more tuning in from around the globe. Co-hosts include Camren Bicondova, Cynthia Erivo, Danai Gurira, Forest Whitaker, Gus Kenworthy, Kal Penn, La La Anthony, Naomi Campbell, and Rachel Brosnahan.The musical artists will stand together with activists, music fans, and millions of Global Citizens worldwide to call on world leaders to fulfil their obligations to achieve the United Nations Global Goals for Sustainable Development and end extreme poverty by 2030. The festival will also be live-streamed on YouTube and Twitter, presented by Johnson & Johnson.The 2018 Global Citizen Festival serves as a platform to demand that world leaders uphold their responsibilities surrounding a variety of key policy issues. This year, Global Citizens will be taking action toward ensuring people don’t suffer needlessly from preventable diseases; giving every child access to a quality education; getting US states to banish child marriage with new laws; making sure all people have access to enough nutritious food and clean drinking water; prioritizing menstrual hygiene; reducing the amount of single-use plastics that are used; eliminating bail bond programs that unfairly target the poor; and more.To get tickets, one must earn points on the Global Citizen website through interactive questionnaires, videos, and more. Though it takes time to accumulate the points, there is no charge for the tickets themselves. Find out more information here. There will also be special VIP tickets, and those do cost money.Check out the full lineup below.last_img read more

Andy Frasco & The U.N. Release New Single, “Up/Down”, Off Forthcoming Studio Album [Watch]

first_imgAndy Frasco & The U.N. have released a new single, “Up/Down”, off of their upcoming, yet-to-be-named studio effort. “Up/Down” was revealed on the latest episode of Frasco’s World Saving Podcast, which also featured a discussion with Relix publisher, Capitol Theatre owner, and music industry mogul Peter Shapiro. Along with the new release, Andy Frasco noted that he will debut a new song on the podcast once a month leading up to the release of his forthcoming album.On his latest podcast episode, Frasco noted that “Up/Down” is “about the mountains and valleys of being in love.” The animated music video is accompanied by a groovy, funk-fueled track, with a generous helping of silky-smooth vocals backing Frasco’s soulful lead. A blazing horn accompaniment on the chorus adds the perfect vibe for a song inspired by love.Watch the official video for Andy Frasco & The U.N.’s “Up/Down” below:Andy Frasco & The U.N. – “Up/Down”[Video: Andy Frasco]Over the past year, Andy Frasco launched a new podcast called Andy Frasco’s World Saving Podcast, with his boisterous, emcee co-host, Yeti. Previous guests on the show include Marcus King, Karl Denson, Keller Williams, Eric Krasno, Dave Schools, Marc Brownstein, AEG’s Don Strasburg, and many more. For more information on Andy’s podcast, or to listen to previous or upcoming episodes, head to the podcast’s website.For a full list of Andy Frasco’s upcoming tour dates and ticketing information, head to his website here.[H/T Jambands.com]last_img read more

The String Cheese Incident Shares “2018 Travelogue” Live Compilation

first_imgThe String Cheese Incident recently shared their “2018 Travelogue”, a compilation of the very best moments of last year, hand-picked by SCI’s archivist Larry Fox. The four-disc set which is available for free download via nugs.net, features 29 noteworthy takes on SCI original material and choice covers. The newly released compilation is comprised of “2 sets,” as the band progressively works their way through 2018’s favorite highlights.Highlights of “set one” include improv-heavy takes on “Looking Glass” and “Howard” from last summer’s Electric Forest festival in Rothbury, MI. The “first set” of the compilation continues with choice cuts from SCI’s Eugene, OR shows at Cuthbert Amphitheater, highlighted by a 17-minute “Just One Story”, “MLT” which featured guest guitarist Jeff Pevar, and a cover of Tom Petty’s “You Wreck Me” featuring guitarist John Kadlecik. A 16-minute take on 2005’s “Until The Music’s Over”, as well as a cover of Bob Dylan’s “Just Like Tom Thumb’s Blues” brings the “first set” to a close.“Set two” is highlighted by  15-minute take on “Just One Story” from Red Rocks Amphitheatre, a bust-out cover of “Grazing In The Grass” featuring Jennifer Hartswick (last played in 2004), a jammed-out pairing of “Black Clouds” and “The Big Reveal” from Worcester, and culminates with a 16-minute rendition of “Shine” from SCI’s Philadelphia shows in November.You can now stream The String Cheese Incident’s 2018 Travelogue for free, as well as download a digital copy via nugs.net.The String Cheese Incident 2018 Travelogue Tracklisting:Set One:Cottonmouth (4/19/2018 Atlanta, GA)Get To You (4/20/2018 Atlanta, GA)Believe (4/20/2018 Atlanta, GA)Looking Glass (6/30/2018 Rothbury, MI)Glad (6/30/2018 Rothbury, MI)Howard (6/30/2018 Rothbury, MI)Late In The Evening (7/7/2018 Eugene, OR)Drums (7/7/2018 Eugene, OR)Drums (7/7/2018 Eugene, OR)Just One Story (7/7/2018 Eugene, OR)MLT (7/8/2018 Eugene, OR)You Wreck Me (7/8/2018 Eugene, OR)Until The Music’s Over (7/17/2018 Dillon, CO)Just Like Tom Thumb’s Blues (7/14/2018 Telluride, CO)Set Two:Midnight Moonlight (7/20/2018 Morrison, CO)Big Shoes (7/21/2018 Morrison, CO)Grazing In The Grass (9/15/2018 Lyons, CO)Gone Crooked (10/26/2018 Live Oak, FL)Purple Strains (9/15/2018 Lyons, CO)Manga (11/01/2018 Philadelphia, PA)Black Clouds (11/02/2018 Worcester, MA)The Big Reveal (11/03/2018 Worcester, MA)Gimme Shelter (10/27/2018 Live Oak, FL)]Rivertrance (11/03/2018 Worcester, MA)Pretty Polly (11/03/2018 Worcester, MA)Rivertrance (11/03/2018 Worcester, MA)Nothing But Flowers (9/7/2018 Austin, TX)Brotherly Jam (11/01/2018 Philadelphia, PA)Shine (11/01/2018 Philadelphia, PA)View Tracklistlast_img read more

Tony Winner Patti LuPone Set to Get Spooky on Showtime’s Penny Dreadful

first_img Patti LuPone After appearing on American Horror Story and Girls, Patti LuPone knows a thing or two about spooky television series. Now, the Broadway legend will add another to her list: Penny Dreadful. According to Deadline, LuPone will be a guest star on the Showtime series’ second season. Little is known of the role she will take on, but the mysterious character will be of great importance to Vanessa, played by Eva Green. The new season is slated to premiere next year. Star Files View Commentscenter_img LuPone took home Tony Awards for her performances in Gypsy and Evita. Her additional stage credits include Women on the Verge of a Nervous Breakdown, Sweeney Todd and Anything Goes. In addition to AHS and Girls, her screen appearances include Driving Miss Daisy, Witness, Parker, City by the Sea, Life Goes On, 30 Rock and Ugly Betty. Penny Dreadful follows Sir Malcolm Murray and Ethan Chandler, who team up to combat supernatural dangers in Victorian London. The horror series employs many characters from 19th century British literature, including Dorian Gray, Dr. Frankenstein and his monster and Abraham Van Helsing. The cast includes theater vets Timothy Dalton, Simon Russell Beale, Helen McCrory and Reeve Carney. The second season will also feature guest appearances by Tony winner Douglas Hodge and Tony nominee Sarah Greene.last_img read more

Cop Saves Bay Shore House Fire Victims

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York Third Precinct Police Officer Christopher Germano was credited with saving residents inside a burning Bay Shore home Friday morning.A Suffolk County police officer was credited Friday for risking his own life to save residents from their burning Bay Shore home—before firefighters even arrived on the scene.Third Precinct Officer Christopher Germano, who was previously recognized for saving a heroin overdose victim last spring, jumped into action at 6:37 a.m. Friday when he discovered that the second floor of the Wisconsin Avenue house was fully engulfed in flames, police said.The brave officer used a neighbor’s ladder to climb to the second floor where an adult passed off a 3-year-old boy. He then entered the first floor and instructed a group of adults and a teenager and a 6-year-old to evacuate, but was unable to reach residents stuck on the second level because the main staircase connecting the two floors was outside, police said.While still inside the burning house, a resident told Germano of an attic entrance with a pull-down ladder that accesses the second floor, but was boarded up. The quick-thinking officer grabbed a kitchen knife and used it to cut a whole through the wood, which allowed him to gain access to the second floor and rescue a 35-year-old woman and her 12-year-old son, police said.“He did it at great peril to his safety,” said Suffolk police Lt. Frank Leotta.Germano was able to get everyone to safety before firefighters arrived, Leotta said.The Brentwood Fire Department eventually extinguished the fire. A 62-year-old man and Germano were both taken to Southside Hospital in Bay Shore, police said. The resident suffered non-life-threatening injuries and Germano suffered from smoke inhalation. He was treated and released, police said.Arson detective are investigating the cause of the fire.Germano and three other officers were credited in March with saving a 17-year-old man who overdosed on heroin and was unconscious. The man regained consciousness after officers administered a dose of Narcan, a prescription drug reverses opiate overdoses, police said at the time.last_img read more

Riverside Brothel Home Invasion Victims Tied Up, Stabbed

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York Authorities are investigating an armed home invasion at a brothel in Riverside during which the assailants tied up several victims and stabbed two of them over the weekend, Southampton Town Police said.A group of men armed with guns and machetes broke into the residence on Old Quogue Road, stole $3,500 in cash as well as phones, wallets and credit cards from those inside before they fled the scene at 6:19 p.m. Saturday, police said.The victims called 911 and upon police arrival, the two who had been stabbed were treated at the scene.Police then arrested three of those allegedly involved in the brothel. Cristian Perez-Garcia, 29, of Riverside, was charged with promoting prostitution. Luz Espinal, 34, of Brooklyn and Yasmin Paniagua, 40, of the Bronx, were charged with prostitution.Police are looking for other men who were frequenting the house at the time but left prior to police arrival. Anyone with information is asked to call Southampton Town Police Detectives at 631-702-2230.last_img read more

Chip technology helps reduce counterfeit fraud by 76 percent

first_imgSwiping a card these days seems like a thing of the past as more EMV chip cards enter the wallets of U.S. cardholders. There were 509 million Visa chip cards out there alone at the end of March 2019, a 219 percent increase since October 1, 2015. And, according to the latest stats, that’s a good thing.Merchants who accept chip cards witnessed a 76 percent dip in card present (CP) counterfeit payment fraud since the U.S. payments industry began the shift to EMV chip (which stands for Europay, Mastercard and Visa, the three companies who led the initiative) in 2011.[1] One of the leading factors encouraging the adoption of chip technology in 2015 was its effectiveness in reducing counterfeit fraud, which was the primary type of fraud in the United States at the time.As of the end of March 2019, Visa’s network has shown continued growth across the number of chip cards and chip-enabled merchants, as well as payment and transaction volume since before the shift to EMV chip launched in October 2015. continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Nordic roundup: Solvency levels, Skandia Liv, Storebrand, SPP, Folksam Liv, KPA

first_imgThe rise in long-term interest rates over the year has been generally positive for the Swedish life and pensions industry, according to a study by Söderberg & Partners, the investment consultants.While the value of bonds has decreased, so have liabilities, resulting in higher solvency levels, the study found.Söderberg & Partners pointed out that financially weaker companies such as SPP, Nordea and Handelsebanken had matched their interest-rate risk and therefore did not see much of the solvency-level increase.At the same time, AMF – financially, the strongest pensions provider in Sweden – has a very short duration on its assets, which will have an effect on future performance, according to the report. Söderberg & Partners also points out that total return depends on overall asset allocation and cost levels, which generally means those in a stronger financial position will have a higher allocation to equities and therefore continue to deliver good performance.In the study, the consultancy ranks companies on a scale from 0 to 10, where 10 is best.SEB Trygg Liv Gamla was ranked first with a score of 8, narrowly ahead of AMF, Folksam and Skandia Liv, all at 7.The consultancy predicts that, provided markets remain stable, companies with a score above 6 will perform better over a 10-20 year period than funds with an asset split of 40% equities and 60% bonds.Meanwhile, funds registered in Sweden have the lowest average fees in Europe, according to a study by Morningstar.Funds registered in Sweden have an annual fee of 1.09% compared with the European average of 1.42%.Balanced funds have a fee of 1.14% in Sweden and bond funds 0.52%, compared with 1.55% for balanced funds and 0.89% in Europe.The only exception in Sweden is money market funds, where the fee in Sweden is 0.37% compared with 0.23% in Europe.In other news, Skandia Liv returned 4% for the three quarters to the end of September, down from 5.6% during the same period last year.The return for third quarter was 1.8%, driven by holdings in Swedish equities, infrastructure and the credit portfolio.Skandia Liv has continued increasing its equity allocation over the period, and equities now make up 63% of all assets, an all-time high.Assets under management came to SEK316bn (€36bn), up from SEK309bn at year-end.The solvency ratio was also up to 167% from 147% for the same period last year.Simultaneously, Storebrand boosted operational results to NOK685m (€85m) compared with NOK282m for the same period last year, as all business segments saw a boost during the third quarter.In addition, the company has cut costs by some 20%.Premium payments into its guaranteed pension product came to NOK2.3bn over the period.The result was bolstered by the sale of SPP Pensionstjänst, the Swedish local authority services company, to KPA Pension.The sale generated a one-time sum of NOK55m, less than the predicted NOK100m, previously stated by Storebrand.Separately, SPP, the Swedish life and pensions provider still owned by Storebrand, saw income from premium payments increase to more than SEK7.4bn in the first nine months of the year, compared with SEK5.8bn for the same period last year.Fund products made up 73% of the numbers, an area on which SPP is increasingly focusing its efforts.Performance for the defined contribution portfolio was 2.1%, with assets under management up by SEK5bn to SEK13bn.Competitor Folksam Liv increased its income from premium payments by 3% to just over SEK5.9bn.Returns in the first three quarters came to 3.5%, with alternatives and equities performing particularly well, whereas fixed income investment had a negative effect on performance.Folksam’s solvency ratio increased to 162% over the period from 141% last year.Meanwhile, KPA Pension, owned by Folksam, increased its income from premium payments by 14.7% during the first three quarters to almost SEK8.4bn.Performance was 4.2%, while the solvency ratio increased to 180%, up from 144% for the same period last year.last_img read more

People moves: UK’s pension regulator director to leave auto-enrolment job

first_imgTPR, LGIM, Delancey, Law Debenture, Pensioenfederatie, Jupiter, Hymans, Morgan Stanley, Schroders, Elo, RPMI Railpen, ActiamThe Pensions Regulator (TPR) – Darren Ryder, the UK regulator’s director of automatic enrolment, will be leaving the organisation in early 2020 to work directly with other countries planning to implement their own automatic enrolment programmes.He joined TPR eight years ago to support the initial design and delivery of auto-enrolment in the UK following his involvement in the implementation of Kiwi-Saver in New Zealand. Initially joining on a six-month secondment, he decided to stay on at TPR and worked as head of compliance and enforcement before becoming director of the auto-enrolment programme in 2017.Charles Counsell, chief executive officer of TPR, said: “Darren has made a huge contribution to the successful delivery of automatic enrolment in the UK, with more than 10m people now saving into a pension. … I am hugely grateful to him for the difference he has made and I wish him every success in the future.” Ryder is president of D3P Global Pension Consulting, a consultancy that launched in November last year to help goverments deliver better pensions system outcomes.Legal & General Investment Management – The manager has appointed Kim Brown as pension scheme director for the L&G Mastertrust and the Independent Governance Committee (IGC). She joins from The Pensions Regulator, where she was head of master trust authorisation and supervision. Having stepped down from that role and following a period of leave, She will join LGIM in February 2020. She will be responsible for a dedicated team that supports the L&G Mastertrust Board as well as the IGC members.Delancey – The firm has recruited Lorna Brown as director of capital markets, taking a senior role in its investment advisory team. She will focus on devising and implementing real estate led strategies and will assist in boosting the growth of Delancey’s market leading portfolio, working closely with its global joint venture partners. Brown joins from Legal & General Investment Management Real Assets where she was head of real estate debt, EMEA. She has extensive experience investing, structuring and managing UK and European real estate investments in both debt and equity, and has held previous senior positions at Blackstone and the Royal Bank of Scotland.Law Debenture – Jane Beverley has joined the firm’s LawDeb pension trusteeship team from XPS Pensions Group, where she worked from 2004, most recently as principal and head of research. Law Decenture said Beverly was “recognised within the industry as one of the leading technical experts in pensions and has been shortlisted twice for ‘Pensions Woman of the Year’”.Pensioenfederatie – Marcel Lever is to leave the Netherlands Bureau for Economic Policy Analysis (CPB) for the Pensions Federation as of 1 December, where he will become an adviser for the pensions agreement. At CPB he has been programme leader for pensions until the start of 2019. Lever has also been a member of working groups at the Pensions Federation, including a research group assessing two potential new pension contracts in 2016.Jupiter Asset Management – Nahid Iqbal and Antoine Hucher have joned the firm as equity analysts. The new hires, who joined in November, will provide significant support to the firm’s equity investment strategies with a specific focus on alternatives and technology, respectively.Iqbal joins from Mediobanca where he worked most recently in equity sales, covering a diversified group of European institutions and hedge funds. At Jupiter, he will work alongside fund manager Mike Buhl-Nielsen and fellow analyst Tommy Kristoffersen to generate ideas primarily for the £94m Jupiter Europa fund, but will also work collaboratively with Jupiter’s broader alternatives team as the firm continues to build on its capabilities in this space.Hucher joins from Exane BNP Paribas where he was a sell side equity research analyst, leading the analysis of large- and small-cap European software and IT services companies. With more than six years of experience researching technology companies, he will draw on his in-depth knowledge of the sector to support the full range of Jupiter’s equity funds, providing valuable analysis into global technology firms.Morgan Stanley Capital Partners – Jill Wight will be joining Morgan Stanley Investment Management’s middle market private equity investment team as a managing director and operating partner leading MSIM’s operational efforts for consumer and healthcare. She joins from The Carlyle Group where she was a principal and head of portfolio operations for Carlyle Equity Opportunity Funds. Before that she worked in the special situations group at Goldman Sachs. Hymans Robertson – The pensions and financial services consultancy has appointed Victoria Panormo to be senior DC investment consultant. She joins from Aon where she has worked as a senior DC investment consultant and client relationship manager across a variety of sectors advising on investment strategy, plan design and plan governance.Mark Jaffray, head of DC at Hymans Robertson, said: “DC schemes and master trusts are maturing and increasing their focus on investment strategies and responsible investment. Victoria’s addition to the DC team strengthens our ability to help our clients build better portfolios that engage with members and deliver those better outcomes in a sustainable and responsible way.”Panromo said that “in a post auto-enrolment era, where engagement and participation in DC schemes is increasing, it’s vital that we, as consultants, guide employers and schemes to ensure members actually engage in the right places at the right time.”Schroders – Frederik Eritsian-Hansen has joined Schroders as client director to help spearhead the firm’s growth strategy in Denmark. He starts his role in December and will be part of a five-strong team in Copenhagen, which is instrumental in building on the robust intermediary and institutional footprint Schroders has in the Danish market. Prior to joining Schroders, Eritsian-Hansen spent the past three years in a client executive role at Gudme Raaschou Asset Management. He also spent a decade working in the asset management and accounting teams at Deloitte.SH Pension – Stefan Eliasson, the chief executive officer of Swedish labour-market pension fund SH Pension, is stepping down. Lena Schelin, a member of the fund’s board of directors since the spring, is to take up the role of acting CEO until a permanent replacement is selected. SH Pension said it was facing strategic choices in adapting its business to new regulations, and it was in connection with this that it had decided to seek new leadership for the business. Eliasson is leaving after working for the fund for 13 years. Schelin was previously ceo of Swedish insurance firm Änke och Pupillkassan for nine years.AP Pension/PFA – Rasmus Bartholdy  has resigned from PFA Asset Management in Denmark, part of the PFA pensions group, where he has been senior portfolio manager, to take up a new job at PFA’s smaller rival AP Pension next year. Bartholdy will be senior portfolio manager within the AP Pension’s equity team, having worked at PFA for 16 years. A spokesperson for PFA said the company has started the recruitment process for a new senior portfolio manager to replace Bartholdy, who will leave the group on 31 January.Elo – Kati Paatela has been appointed portfolio manager for international real estate investments within private equity investments at Finnish pensions insurance company Elo. She took up her new job on 15 November, moving to the company from the real estate investment unit of Nordic financial group Sampo.RPMI Railpen – The investment manager for the £30bn railway pension scheme has made three appointments to expand its real assets team. Lewis Vanstone joins as deputy portfolio manager along with Julian Allport and Alena Antonava as investment managers. All three will report to Ted Jennings, the portfolio manager for Railpen’s long-term income fund. The fund targets income generating assets in infrastructure, real estate and other areas with a high degree of UK inflation protection and low levels of risk. These investments help support Railpen’s objective of consistently delivering long-term returns for its 107 clients and 350,000 scheme members.The trio will focus on investments in the infrastructure sectors. Vanstone joined from Foresight Group where he specialised in energy infrastructure projects, prior to which he was at PwC. Antonava draws on more than six years of experience working at Arcus Infrastructure Partners. Allport will initially focus on long income real estate related investments. He has more than 15 years of experience working in the long lease commercial real estate sector, joining from Aviva Investors. Actiam – The €60bn Dutch asset manager is planning to appoint Wim Borgdorff as interim chief executive officer. He is to succeed Hans van Houwelingen, who has opted to continue his career elsewhere, after having been at the helm at Actiam since 2016. Actiam said the appointment was subject to approval by supervisor De Nederlandsche Bank (DNB) as well as advice by the central works council of Vivat, the asset manager’s parent company. Borgdorff is co-founder of private equity house AlpInvest Partners, where he was responsible for fund investments, secondaries and investment solutions betwen 2000 and 2017. Prior to this, he worked at APG Investments, tasked with real estate and alternatives. Borgdorff started his career at ING Real Estate, where he was managing director between 1992 and 1995.last_img read more