Listed property firm Dexus has boosted its funds management team with the hire of Penny Ransom as its new head of capital.
The former Lend Lease executive will be responsible for managing Dexus's existing third-party mandate relationship and expanding the firm's third-party funds management platform.
Ransom will join the firm in March and report to Dexus chief financial officer Craig Mitchell.
"Penny brings a wealth of experience, a great track record and deep institutional relationships to her new role at Dexus," Mitchell said.
"Penny's role will be key to overseeing the significant expansion of our fund management activities and positions Dexus to further leverage the expected increase in wholesale demand for direct property."
Ransom joins Dexus after three years in Lend Lease's London office as head of equity raising and investor relations for the United Kingdom and Europe.
