MANAGEMENT TEAM

Board of The Manager

Gordon Fell / Executive Chairman and Managing Director

Prior to founding Rubicon in 2001, Gordon was the Joint Chief Executive of Ord Minnett, an independent Australian investment bank which was acquired in 2000 by Chase Manhattan (now JP Morgan).

Prior to that, he was Head of Corporate Finance at Ord Minnett. Before joining Ord Minnett he was a Director of Schroders Australia Corporate Finance and a management consultant with McKinsey & Company. Gordon holds a Bachelor of Science (Honours) and Bachelor of Laws (Honours) from the University of Sydney. He received a Doctor of Philosophy from Oxford University, where he was a Rhodes Scholar. He is a director of Allco Finance Group Limited (ASX: AFG), the Chairman of Opera Australia, a Trustee of Sydney Grammar School and a director of The Smith Family.

Matthew Cooper / Executive Director

Matthew’s experience includes accounting, investment banking and funds management. Previously he was a director within the investment banking team of Ord Minnett. Prior to that, he was with UBS Warburg Corporate Finance, spending six years with the Bank. Matthew holds a Bachelor of Commerce from Victoria University (New Zealand). He received a Master of Applied Finance from Macquarie University and is a Chartered Accountant (New Zealand).

David Simpson / Non-Executive Independent Director

David is an experienced corporate lawyer, specialising in large scale mergers and acquisitions, both public and private, and international offerings of debt and equity securities. Until recently he was a partner in Freshfields Bruckhaus Deringer (Freshfields), one of the world’s largest law firms and before that a partner in one of Australia’s leading law firms, Allen Allen & Hemsley (now Allens Arthur Robinson) (Allens). From 1991 to 2004 he was based in Asia as a corporate lawyer in Indonesia from 1991 to 1997 and Singapore from 1997 to 2004. He was the managing partner of both the Allens and the Freshfields offices in Singapore and has worked on some of the largest transactions in South Asia. David holds a Bachelor of Economics and Bachelor of Laws (Honours) from the University of Sydney and a Master of Laws from Cambridge University.


REU Management Team

In additional to the executive directors, the Rubicon staff responsible for the asset origination, asset management and operational management of REU are located in Rubicon’s European office (London) and Australian head office (Sydney):


Rubicon Europe

Mark Rattigan / Executive Director – Rubicon Europe

Prior to joining Rubicon, Mark was the Chief Operating Officer and Director - Finance and Operations at RREEF (Deutsche Bank’s real estate funds management group) based in London which has assets under management of approximately €53 billion in a range of listed and direct real estate funds. Prior to that, he spent 6 years in the real estate investment banking team at Deutsche Bank in both London and Sydney. Prior to that, he worked as a corporate adviser at HSBC Investment Bank and a property development manager at Lend Lease. Mark holds a Bachelor of Civil Engineering (Honours) from the University of Sydney and an Investment Management Certificate from the UK Society of Investment Professionals. He a director of Rubicon Finance Europe.


Rubicon Head Office

Vinay Kolhatkar / Chief Investment Officer

Vinay’s experience in the financial services industry spans treasury, lending, debt capital markets, unlisted equity and financial advisory activity with several leading financial institutions. Prior to joining Rubicon, he was Head of Private Capital with the Commonwealth Bank where he had responsibility for managing a A$200 million portfolio of unlisted equity and mezzanine investments. During this time, he was the founding Chairman of Great Energy Alliance Corporation, a company with A$3.5 billion in assets and a director of TransACT Communications Limited. He holds a Bachelor of Engineering (Honours) and a Master of Management Studies from the University of Bombay and a Master of Commerce with Advanced Specialisation in Finance from the University of New South Wales.

Ian Grayburn / Group Treasurer

Prior to joining Rubicon, Ian was the National Business Development Manager of the Projects Group for Freehills, one of Australia’s leading law firms. Prior to that, he was consulting to Merrill Lynch (Australia) on structuring financings for energy and infrastructure assets in Australasia. Previously, he spent 9 years with the Commonwealth Bank on project and corporate debt primarily in the energy and transport sectors and 8 years with CS First Boston advising government and private sector clients in South East Asia, Australia and New Zealand on project development and raising finance. Ian holds a Bachelor of Commerce and a Master of Commerce (Honours) from the University of Canterbury, New Zealand.

Rob Partos / Assistant Treasurer

Prior to joining Rubicon, Rob was with the National Custodian Services where he was responsible for ensuring the accuracy of taxation, financial reporting and pricing information for a large number of institutional clients. He was responsible for a 24 hour reporting cycle and more than 15 clients reporting in excess of A$40 billion on a daily basis. Prior to the National, Rob held roles at Norwich Investment Management Limited and MML Management. He received a Bachelor of Economics with a Major in Accounting from LaTrobe University and has a Graduate Diploma in Applied Finance and Investments from the Securities Institute of Australia.

Raman Bhalla / Senior Manager – Finance

Raman has experience in technical accounting, reporting and compliance within the investment banking, retail banking and financial services industry in Australia and Hong Kong. Most recently, he was Executive Manager at St. George Bank and was the bank’s technical accounting specialist. Prior to that, he was Assistant Vice President at Deutsche Bank, Sydney where he project managed the accounting conversion from US GAAP to AIFRS. Earlier, he worked in structuring and setting up the accounting systems for RMBS securitisation deals for Westpac. He was the financial controller of a precious metals trading organisation in Hong Kong. He is a member of the Chartered Institute of Management Accountants (UK), the Institute of Chartered Accountants (India) and is a Certified Practising Accountant (CPA). He holds a Bachelor of Commerce from Punjab University, Chandigarh.

Georgio Leung / Senior Property Trust Accountant

Prior to joining Rubicon, Giorgio was Senior Property Trust Accountant at DB RREEF Funds Management. Prior to DB RREEF, Giorgio was Property Accounting Manager at BT Funds Management and also worked as an auditor with Price Waterhouse. Giorgio holds a Bachelor of Science (Honours) in Accounting from the University of Hull, United Kingdom. He received a Master of Applied Finance from Macquarie University and is a Certified Practising Accountant (CPA).

Shirley Cao / Senior Property Trust Accountant

Shirley’s experience in financial services includes funds management, fund accounting and corporate accounting. Previously, she worked at JP Morgan Chase Bank as Senior Financial Accountant in the custody business. Prior to JP Morgan Chase Bank, she worked with AMP Corporate Finance and the National Australia Bank in financial accounting and statutory reporting roles. Shirley holds a Bachelor of Commerce majoring in Accounting and Finance and a Graduate Diploma Commerce with a major in Commercial Law from the University of Auckland, New Zealand. She is a member of the Institute of Chartered Accountants of Australia.

Matthew Bangel / Assistant Property Trust Accountant

Matthew's experience has been in chartered accounting and business services. Previously, he was an accountant with Rothsay Accounting Services, a boutique accounting firm based in Sydney. Matthew holds a Bachelor of Business from the University of Technology, Sydney and is a member of the Institute of Chartered Accountants of Australia.


DTZ International


DTZ is the Asset and Property Manager for REU. Under an exclusive agreement, DTZ is responsible for sourcing real estate acquisitions for REU and providing asset and property management services to REU. Real estate acquisitions are sourced by DTZ for REU in priority to all other Australian listed and unlisted property trusts.

The senior executive at DTZ with primary responsibility for originating real estate acquisitions for REU is:

John Slade

Mr Slade is Managing Director of International Investment at DTZ. Formerly he was Chief Executive of Richard Ellis City and for seven years ran his own successful investment agency, Slade & Co. His career has been in the investment markets and his specialisation is advising clients on the most significant international investment transactions on a global basis. He has significant experience in the origination of cross-border transactions involving Europe.

The senior executive at DTZ with primary responsibility for providing asset acquisition services and asset and property management services to REU is:

Paul Abrey

Mr Abrey is a Director of DTZ international and is responsible for the day-to-day provision of asset management services. He has wide ranging experience in investment, landlord and tenant, valuation, leasing and asset and property management. His has represented DTZ in some of the firm’s largest instructions that have included letting Canary wharf, Adviser to Lloyds of London on landlord and tenant matters and the purchase of a portfolio of retail warehouses for approximately €282 million (A$456 million).

Other senior executives of DTZ responsible for the origination and structuring of asset acquisitions, due diligence, advice on investment strategy and administrative functions include:

Alistair Meadows

Mr Meadows is Director of DTZ International and has been based in Sydney since 2000. He is responsible for the DTZ / Rubicon relationship within the DTZ International network of offices which included the establishment and origination of acquisitions by the Rubicon Europe Trust Group. Recent cross border investment experience also includes advising German closed end fund, REAL IS in its first Australian acquisition in December 2005. Other institutional clients include Colonial First State Property, ING Real Estate and DB RREEF. Mr Meadows holds a Bachelor of Arts (Honours) from University of Newcastle upon Tyne and a Masters in Land Economy from Cambridge University.

Tim Nation

Mr Nation is a director of DTZ International and is experienced in international commercial real estate experience. Tim re-located to Sydney with DTZ in January 2007 after 6 years with DTZ in London where he worked in the National Investment team. During this time he transacted in all sectors of the UK market. Recent UK projects included advising on the acquisition of Ashtenne plc on behalf of Warner Estate and various diversified UK portfolio sales on behalf of Whitbread Pension Fund,Legal and General, Morley Funds Management and Protego Real Estate. Tim has a Bachelor of Laws and a Bachelor of Arts from the University of Tasmania.