Mitheridge Capital Management, the London-based alternative investment firm, has promoted Daniel Rastegar to partner, who joins its existing four partners.
Rastegar, who was previously investment director, joined Mitheridge in January 2022 and has led on sourcing and transacting new investment opportunities. He was responsible for the final two transactions in the Mitheridge Opportunity Fund II: Hardness Yard, a £100 million co-living scheme in Loughborough Junction, and a further 339-unit co-living development in Hackney Wick.
Before joining Mitheridge, he was investment director at CPC Group, where he focused on joint venture investments, debt structuring and direct development. He was also a member of the firm’s investment committee and a director on the board of several CPC Group companies.
William Yerburgh, founder and manager partner at Mitheridge, said in a statement: "Daniel has time and again proved himself to be an invaluable member of the Mitheridge team, enabling us to deliver in the early phases of our end-to-end approach.
"This promotion is richly deserved and we all look forward to continuing to work alongside him through the next stages of Mitheridge’s growth and development."
At the end of last year, Mitheridge completed the acquisition of 115-119 Wallis Road in central Hackney Wick, an industrial site with three warehouses, which will be developed into 339 best-in-class co-living units with co-living developer, Halcyon Development.