EG continues to champion a growth mindset with Chris Pak’s appointment to the role of Divisional Director of Business Development.
Formerly the Executive Director of Real Estate Investments at Challenger Group, Chris joins EG with several decades of experience in asset management and financial services. Chris will be instrumental to EG’s continued success as they capitalise on new market opportunities utilising his extensive relationships with offshore and institutional investors.
“It’s a pleasure to have Chris on board to expand our investment management capabilities and extend our relationships with domestic and offshore investors. Chris will be working on a series of new business opportunities that we have identified, and we expect to make further announcements on these new ventures shortly,” said EG Executive Director Roger Parker.
EG has significantly expanded its asset portfolio over the past 12 months, securing six acquisitions for $200 million alongside the launch of a $400 million mandate with GIC, and their Private Wealth division.
Chris Pak says, “EG has great energy and entrepreneurial spirit. I’m eager to add my experience in the retail space as EG starts to apply critical thinking supported by PropTech to this sector.”
Chris Pak and Roger Parker have worked together in the past and EG are confident in this partnership, alongside the wider team.
EG will continue to utilise proprietary risk management software, PRISMS® to identify the opportunities, consider the risk and match the deal to the investor profile. EG’s disciplined, data-driven approach to risk management has enables the safeguarding of investor funds whilst maximising returns.
Founded in 2000, EG has $3.2 billion under management on behalf of super funds and private wealth clients to generate outstanding returns with lasting social impact. With $4.3 billion in development pipeline, and 16.7% per annum in realised IRR for institutional funds, EG is committed to finding a better path to better returns.