Lehman banker heads for real estate buyouts

A private equity real estate firm launched by Marc Mogull, a former Doughty Hanson partner, has recruited the vice-president of Lehman Brothers Real Estate.

Benson Elliot Capital Management, established this year by Mogull, has hired Leopoldo Andreis de Gregorio as a partner to head up its Italian operation. The firm uses a private equity model to invest in property throughout Europe.

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