Legal & General Affordable Homes (LGAH) has hired Catherine Raynsford as managing director, stock acquisitions.
Raynsford has more than 20 years of sector experience and was most recently a director at The Hyde Group, where she led the establishment of its investment function and spearheaded the delivery of affordable housing in partnership with institutional capital. Prior to that, she held a senior client-facing role at JLL and development positions at housing associations.
In her new role, she will lead on the acquisition of existing homes, the sustainable retrofitting of acquired stock and the development of large-scale partnerships.
Ben Denton, CEO of Legal & General Affordable Homes, said: “I am delighted to welcome Catherine to the team as we build out our strategy of forging impactful partnerships that allow us to deliver much-needed affordable housing at scale. Her experience will be an asset to us as we continue to expand on our acquisition and retrofitting capabilities to achieve our long-term ambitions in helping to solve the housing crisis faced by communities across the UK.”
Raynsford added: “I am pleased to have joined LGAH at a pivotal point for the business and look forward to helping deliver its next phase of growth through the acquisition of large-tenanted portfolios and partnerships with the sector while placing sustainability at the heart of our approach.”
