Jamie Younger joins PfP Capital as fund manager of Picture Living

PfP Capital has appointed Jamie Younger as fund manager for its £330 million ($416 million) Picture Living platform, PfP’s regional private rented sector strategy.

Picture Living was launched in May 2018 as a joint venture between Universities Superannuation Scheme and PfP Capital’s parent company, Places for People. Younger will oversee new acquisitions alongside James Nicholls, who joined PfP Capital in December 2022 from Leaf Living. Picture Living has amassed a portfolio of more than 1,500 single-family homes and apartments to date and is actively acquiring schemes of 30 to 80 units across the United Kingdom.

He will work alongside the senior management team to develop and implement new strategies, as PfP Capital looks to expand its product range to meet growing appetite from both domestic and international capital sources for exposure to the living sector.

Younger replaces Tim Saunders, who is retiring after seven years with PfP Capital.

“PfP