Legal & General Property has appointed Imogen Ebbs as a Senior Asset Manager, to support its LPI (Limited Price Inflation) Income Property Fund, further adding to the diverse range of skills and expertise held across LGP’s fund management platform.

Imogen joins the Company from Lloyds Banking Group, where she was an Associate Director working in Lloyds Property Solutions team as part of the bank’s UK property deleveraging programme.

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The role involved identifying and advising on the optimal work out strategy for exposure to assets where the LTV or loan covenant had been breached, as well as managing the SME asset management platform. Prior to Lloyds, Imogen spent four years at Mapeley Estates as an asset manager within the office sector, as well as two years at DTZ on the graduate scheme.
She will report to directly to Senior Fund Manager, Derek Gilby, supporting the LPI Income Property Fund, which is now in excess of £315 million. Launched in 2010, the Fund offers Defined Benefit pension schemes an innovative way to invest in property with secure, primarily government-backed, long-dated, inflation-linked sources of income. The Fund returned 9% over the year to the end of September 2013, 4.2% ahead of IPD PFI All Property Index return.

Derek Gilby, senior fund manager at Legal & General Property, said: "With experience working across a number of diverse and often complex property portfolios across all asset classes, including alternative sectors, Imogen’s skills complement those already held across the platform. The Fund continues to take advantage of the sale and leaseback assets currently being offered to LGP through its unique and extensive access to on and off-market opportunities, leveraging its in-house property expertise and close relationships with banks and public sector bodies, and we are confident that she will play an important role in supporting its next phase of growth."

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