ActivumSG hires European fundraising veteran Eric Lemer as Head of Global Client Solutions and Capital Formation

• ActivumSG, one of Europe’s largest independent real estate investment managers, has hired Eric Lemer as Head of Global Client Solutions and Capital Formation
• Lemer previously worked at EQT Exeter, the real estate platform of global alternatives firm EQT Partners, where he was its first dedicated real estate product specialist
• Lemer, who has helped secure over €10 billion from institutional investors across his career, will lead investor engagement, fundraising and co-investment initiatives as well as business development 

Leading pan-European real estate investment manager ActivumSG has appointed Eric Lemer as Head of Global Client Solutions and Capital Formation. The newly created position will help the company’s efforts as it continues to take advantage of the current market dislocation. 

Based in ActivumSG’s London office, Lemer’s remit will include servicing the firm’s existing investor base, identifying new avenues of growth, including the formation and raising of new funds and executing co-investment initiatives. He will alsocollaborate closely with the firm’s investment professionals to support ActivumSG-advised funds’ real estate-focused portfolio companies. 

Lemer, formerly Managing Director, Client Relations & Capital Formation – Real Estate at EQT Exeter, will be a member of ActivumSG’s senior leadership team and manage the firm’s existing client relations and capital raising professionals. He wields almost 30 years of experience across multiple disciplines within the real estate industry, including investment banking, mergers & acquisitions, principal investing, fund / venture formation and investor relations.

He joins recent new hires including former Ares Management real estate executive Robert Červinka, Head of Special Situations, and Nicholas Temperley, a Director on Lemer’s team who arrived from Europa earlier this year. Červinka and Temperley are based in Frankfurt and London, respectively. 

Lemer joined the real estate platform of EQT Partners in 2019, when the group had €1 billion of equity AUM and 26 employees, as the firm’s first-ever real estate product strategist and helped raise its second pan-European fund. In 2021, he helped facilitate EQT’s merger with US logistics specialist Exeter Property Group, which led to the formation of EQT Exeter. Subsequently, EQT Exeter’s fee-generating AUM and global headcount grew from over €10 billion and 250 people to over €20 billion and 450+ people.

Before joining EQT Exeter, Lemer worked at London-based Delancey Real Estate Asset Management as Director, Business Development, launched the London office of real estate advisory firm Hodes Weill & Associates and was previously Co-Head of the European team of the Credit Suisse Real Estate Private Funds Group. Across his various roles, Lemer has helped raise more than €10 billion from institutional investors for a number of best-in-class sponsors. 

Eric Lemer, Head of Global Client Solutions and Capital Formation at ActivumSG, said: “I have known Saul for many years and followed the progress of ActivumSG with keen interest. I will look to continue to grow ActivumSG’s culture of fiduciary excellence and client-first mindset as we not only continue to takeadvantage of the current investment climate but also remain laser-focused on value creation across our portfolio and seek to dispose of assets in order to return capital to our client partners.

“The business is one of the few remaining truly independent European real estate investment managers and through our ecosystem of portfolio companies and affiliates, we have a wide network of touchpoints that provide key macroeconomicand real estate data–points which enable us to make more informed investment decisions.” 

ActivumSG, founded by ex-Cerberus private equity real estate veteran Saul Goldstein, is one of Europe’s largest independent real estate investment managers and has raised close to €3 billion from a global mix of institutional investors including sovereign wealth funds, public and corporate pension schemes, endowments, foundations and family offices since its inception in 2007.

The company has active strategies in direct real estate, corporate real estate platforms and special situations which allows the firm to generate attractive risk-adjusted returns for its client partners by investing across the capital stack. While executing a sector-agnostic investment strategy, ActivumSG has significant experience in the accommodation sectors: residential, hospitality and elderly care.

Including affiliated entities and its advised funds’ portfolio companies, ActivumSGdirectly and indirectly oversees over 290 professionals operating in over 20 offices across Europe, who advise and manage investments with a combined gross asset value and target end development value of over €8 billion.  

ActivumSG’s advised funds did not deploy any capital during 2023 and have significant remaining funds to invest to capitalise on the market dislocation currently being experienced by European real estate. 

Saul Goldstein, Founder and CEO of ActivumSG, said: “Eric has exceptionalexperience in capital solutions relating to real estate fundraising, client relations and business development. We are very excited to have him join the team and further strengthen our client offering.   

“His strong network of relationships with investors and success in vehicle formation activities will bolster ActivumSG’s ability to attract capital as it looks to make the most of dislocation in the select European markets in which we have extensive expertise.”

 

About ActivumSG

ActivumSG is a pan-European private equity real estate investment manager with active strategies in direct real estate, real estate platforms and special situations.

Spearheaded by ex-Cerberus real estate veteran Saul Goldstein, the company employs a genuine private equity mindset, actively seeking complex opportunities often overlooked by larger funds.  

The company prides itself on having a truly local approach to investing, with a decentralised leadership team spread across offices in Germany, Spain, Denmark, the Netherlands and the United Kingdom.  

This local expertise has been crucial to achieving ActivumSG’s track record of successful opportunistic and value-add strategies, while its willingness to adopt a contrarian outlook has meant it has had considerable success investing in assets with strong fundamentals that have been contemporaneously undervalued by the market.

www.activumsg.com

 

Media contacts for ActivumSG:

Tom Roberts, Montfort Communications

Tel: +44 7722 440999

Email: roberts@montfort.london

 

Aaron Bass, Montfort Communications

Tel: +44 7800 666380

Email: bass@montfort.london