Co-Managing Partner

Philipp Westermann is Head of Europe and a Co-Managing Partner of Proprium Capital Partners.

Prior to joining Proprium as a founding team member, Philipp was Co-CEO and Geschäftsführer of Motel One, Germany’s second largest budget hotel chain.

Until 2010, Philipp was a Managing Director at Morgan Stanley, where he was European Portfolio Manager for Morgan Stanley’s Real Estate Special Situations Fund III and headed the UK Real Estate Investing business.

Philipp has led a number of transactions across Europe, including Motel One, a&o Hostels, Admiral Taverns, Chris Stewart Group, Monthisa, Yays, GSG and Great Portland Estates, and JV’s with Canary Wharf Group, Panattoni, Collegiate, Development Securities and Forte.

He has transacted in most real estate asset classes, including office, hotels, residential, and retail, in operating companies and entity level investments and across the capital structure, including non-performing loans.

Before joining the Real Estate group, he worked for Morgan Stanley Capital Partners, the bank’s Private Equity division. Prior to joining Morgan Stanley in 2002, Philipp was a Vice President at Lazard, where he spent seven years in Mergers and Acquisitions in London and New York.

Philipp received a Bachelor of Science in Economics from the London School of Economics in 1995 and graduated from the Harvard Business School Advanced Management Program in May 2012.