– UK – Palace Capital, the property company focussed on investing in the UK’s secondary property market outside London, is pleased to announce the appointment of Roger Benjamin Nagioff to the Board of the Company as a Non-Executive Director, with immediate effect.

Roger Nagioff is a Founding Partner of JRJ Group, and brings almost three decades of operating and investing experience to the Company. Prior to co-founding JRJ Group, in late 2008, he served in various senior executive positions within Lehman Brothers, which he joined in 1997, holding leadership roles in a number of business lines. During his tenure at Lehman Brothers, he held positions in both Europe and the United States and was Global Head of Fixed Income from May 2007 to February 2008 and had previously served as Chief Operating Officer for Europe, Co-Head of Global Equities and Head of European Equities. Alongside Jeremy Isaacs, Roger was central to the strategic development and implementation of Lehman Brothers’ international businesses in Europe and Asia. Prior to Lehman Brothers he worked for Natwest Markets with responsibilities for risk management, trading and derivatives sales. Roger holds a BA degree in law from City University, London. He is a director of Topstar Properties Limited, Pointcharm Limited and the Homes Partnership (Bristol) Limited.

Commenting on the appointment Neil Sinclair, Managing Director said: “The Board is pleased to welcome Roger Nagioff to the Board. Roger brings considerable operational expertise and a wealth of financial knowledge and experience to the Board and will no doubt prove to be an invaluable asset to the Company in this exciting time in its development.”

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