Lang to head Infinity property investment fund
5 December 2007 22:33
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Abito co-founder Les Lang has joined Manchester-based start-up private equity fund Infinity Asset Management.
Lang formed apartment developer Abito with Ken Knott's Ask Developments in 2004. He recently resigned as managing director and sold his 15% stake to Ask.
At Infinity he will run a £100m property investment fund with an eye on developments between £5m and £20m.
Infinity has offices in Bruntwood's City Tower and was formed by ex-BDO partner Daniel Finestein.
Abito's first scheme, now complete, was at Greengate in Salford and another is under way at Clippers Quay, Salford Quays. Ask plans a national roll-out for the brand.
