Maya Capital launches U.K. retail fund

Specialist real estate investment management firm Maya Capital has launched a new investment fund targeting retail assets in need of regeneration in the United Kingdom.

The firm also has hired Jared Hart to oversee the launch of the new vehicle, which will aim to acquire £250 million ($313 million) worth of assets.

Hart brings 15 years of experience in the retail real estate sector to the new role. Prior to joining Maya, Hart served as managing director at Trophaeum Asset Management, Thor Equities and Pears Global, where he collectively invested in more than £2 billion ($2.5 billion) worth of assets and more than 100 transactions.

“We are providing significant fire power and a strong management team that is required to drive the regeneration of struggling retail assets, especially as we navigate the post-COVID-19 landscape,” noted David Pralong, managing partner of Maya Capital, of the fund’s launch. “Jared is well-placed to help us achieve our target