About
We give investors a means to replicate the risk-adjusted returns of multi-class Commercial Real Estate ownership, predominantly via the REIT market.
![About Who We Are](/sites/default/files/2023-11/about_who_we_are.jpg)
B&I Capital is headquartered in Zurich and is a fully regulated Asset Manager under the Swiss FINMA. We also hold a capital markets services license in fund management for institutional and accredited investors under the Securities and Futures Act 2001 administered by the Monetary Authority of Singapore. Our focus is on institutional clients and our services and products are built around the following principles:
- Investing in listed real estate with focus on commercial
- Focusing on long-term and risk-controlled investment strategies
- Providing superb client service
- Investing personally on the same terms as our clients
Our History
B&I Capital was founded in Zurich in 2007 by its two managing partners and owners, Charles Isaac and Christian Bernasconi. AUM at launch was USD 30m, this has grown by a CAGR in excess of 30% pa.
After successfully managing through the financial crisis, B&I Capital opened an office in Singapore in 2010, enabling better access to companies and further improving research.
In 2013, the Singapore office received a CMS license for accredited investors from Monetary Authority of Singapore. Then in 2014, we became a fully regulated Asset Manager under the Swiss FINMA.
To further expand our REIT offering, in 2015 we launched a global REIT fund and, in 2020, a US-dedicated REIT mandate for an institutional client. In 2022, we opened a research office in Austin, Texas, enabling better access to US companies and further improving US research. We have also continued to strengthen our global research capability with additional highly experienced colleagues.
We currently manage two separate funds, with hedged currency share classes where required, and four mandates for institutional clients. All products focus on listed equity REITs but with different characteristics depending on clients’ needs.
![Timeline 2023](/sites/default/files/2024-02/timeline_blue_2023.png)
The Board
![Christian Camenzind](/sites/default/files/styles/large/public/2023-11/christian_camenzind.jpg?itok=sKMjAaFl)
Dr. Christian Camenzind
Chairman, Independent Non-Executive
![Christian Bernasconi](/sites/default/files/styles/large/public/2023-11/christian_bernasconi.jpg?itok=yTh-rYqB)
Christian Bernasconi
Vice Chairman, Executive
![Birgit Heim](/sites/default/files/styles/large/public/2023-11/birgit_heim.jpg?itok=NS42a4B9)
Birgit Heim
Member of the Board, Independent Non-Executive
Our Team
![Christian Bernasconi](/sites/default/files/styles/large/public/2023-11/christian_bernasconi.jpg?itok=yTh-rYqB)
Christian Bernasconi
Fund Manager, Founding Partner
![Charles Isaac](/sites/default/files/styles/large/public/2023-11/charles_isaac.jpg?itok=I_6-AYhG)
Charles Isaac
Fund Manager, Founding Partner
![Sanjay Jhaveri](/sites/default/files/styles/large/public/2023-11/sanjay_jhaveri.jpg?itok=M5gIisFo)
Sanjay Jhaveri
Senior Analyst - US & Europe
![André von Rohr](/sites/default/files/styles/large/public/2023-11/andre_von_rohr.jpg?itok=l3s42XLX)
André von Rohr
Senior Analyst - Europe & US
![Matthew Schmidt](/sites/default/files/styles/large/public/2023-11/matthew_schmidt.jpg?itok=LoM664tm)
Matthew Schmidt
Senior Analyst - Asia
![Tian Li Woon](/sites/default/files/styles/large/public/2023-11/tian_li_woon.jpg?itok=ehvA0yeD)
Tian Li Woon
Senior Analyst - Asia
![Tyler Lyons](/sites/default/files/styles/large/public/2023-11/tyler_lyons.jpg?itok=X9ivef-R)
Tyler Lyons
Analyst - US
![Aditya Bapna](/sites/default/files/styles/large/public/2023-11/aditya_bapna.jpg?itok=_QyPYdIL)
Aditya Bapna
Analyst - US
![Desmond Lim](/sites/default/files/styles/large/public/2023-11/desmond_lim.jpg?itok=isAEtfST)
Desmond Lim
Head of Execution - Asia
![Manuel Zahn](/sites/default/files/styles/large/public/2023-11/manuel_zahn.jpg?itok=UtsuKM-f)
Manuel Zahn
Trading Execution - Europe & US
![Patrick Fehr](/sites/default/files/styles/large/public/2024-03/patrick_fehr.jpg?itok=djh1gdT7)
Patrick Fehr
Head of Business Development and Investor Relations
![Owen O'Connor-Aoki](/sites/default/files/styles/large/public/2024-03/owen_oconnor_aoki.jpg?itok=03eWdPEF)
Owen O'Connor-Aoki
Head of Business Development and Investor Relations - Asia
![Caspar Lagler](/sites/default/files/styles/large/public/2023-11/caspar_lagler.jpg?itok=jLrFFvvO)
Caspar Lagler
Chief Operating Officer
![Marion Koch](/sites/default/files/styles/large/public/2023-11/marion_koch.jpg?itok=7PhmQOLD)
Marion Koch
Compliance & Legal Officer
![Marios Garganourakis](/sites/default/files/styles/large/public/2023-11/marios_garganourakis.jpg?itok=O3sEszz_)
Dr. Marios Garganourakis
Chief Risk Officer
![Aldo Tobler](/sites/default/files/styles/large/public/2023-11/aldo_tobler.jpg?itok=4CdsNkkM)
Aldo Tobler
Chief Technology Officer
![Peter Hirt](/sites/default/files/styles/large/public/2023-11/peter_hirt.jpg?itok=Lu9DmxMF)
Peter Hirt
Operative Compliance Officer
![Andrea Jabornik](/sites/default/files/styles/large/public/2023-11/andrea_jabornik.jpg?itok=evShG2Uw)
Andrea Jabornik
Middle Office and Operations Officer
![Cassandra Yan](/sites/default/files/styles/large/public/2023-11/cassandra_yan.jpg?itok=Z1CiWCzK)
Cassandra Yan
Chief Compliance Officer & Data Protection Officer, Singapore
![Get In Touch](/sites/default/files/2023-11/get_in_touch_0.jpg)
B&I Capital offers products for qualified, institutional investors that enable investment in real estate, mainly through REITs.
For further information on how we can assist you or to learn more about our funds please