About
We give investors a means to replicate the risk-adjusted returns of multi-class Commercial Real Estate ownership, predominantly via the REIT market.

B&I Capital is headquartered in Zurich and is a fully regulated Asset Manager under the Swiss FINMA. We also hold a capital markets services license in fund management for institutional and accredited investors under the Securities and Futures Act 2001 administered by the Monetary Authority of Singapore. Our focus is on institutional clients and our services and products are built around the following principles:
- Investing in listed real estate with focus on commercial
- Focusing on long-term and risk-controlled investment strategies
- Providing superb client service
- Investing personally on the same terms as our clients
Our History
B&I Capital was founded in Zurich in 2007 by its two managing partners and owners, Charles Isaac and Christian Bernasconi. AUM at launch was USD 30m, this has grown by a CAGR in excess of 30% pa.
After successfully managing through the financial crisis, B&I Capital opened an office in Singapore in 2010, enabling better access to companies and further improving research.
In 2013, the Singapore office received a CMS license for accredited investors from Monetary Authority of Singapore. Then in 2014, we became a fully regulated Asset Manager under the Swiss FINMA.
To further expand our REIT offering, in 2015 we launched a global REIT fund and, in 2020, a US-dedicated REIT mandate for an institutional client. In 2022, we opened a research office in Austin, Texas, enabling better access to US companies and further improving US research. We have also continued to strengthen our global research capability with additional highly experienced colleagues.
We currently manage two separate funds, with hedged currency share classes where required, and four mandates for institutional clients. All products focus on listed equity REITs but with different characteristics depending on clients’ needs.

The Board

Dr. Christian Camenzind
Chairman, Independent Non-Executive

Christian Bernasconi
Vice Chairman, Executive

Birgit Heim
Member of the Board, Independent Non-Executive
Our Team

Christian Bernasconi
Fund Manager, Founding Partner

Charles Isaac
Fund Manager, Founding Partner

Sanjay Jhaveri
Senior Analyst - US & Europe

André von Rohr
Senior Analyst - Europe & US

Matthew Schmidt
Senior Analyst - Asia

Tian Li Woon
Senior Analyst - Asia

Tyler Lyons
Analyst - US

Aditya Bapna
Analyst - US

Desmond Lim
Head of Execution - Asia

Manuel Zahn
Trading Execution - Europe & US

Patrick Fehr
Head of Business Development and Investor Relations

Owen O'Connor-Aoki
Head of Business Development and Investor Relations - Asia

Caspar Lagler
Chief Operating Officer

Marion Koch
Compliance & Legal Officer

Dr. Marios Garganourakis
Chief Risk Officer

Aldo Tobler
Chief Technology Officer

Peter Hirt
Operative Compliance Officer

Andrea Jabornik
Middle Office and Operations Officer

Cassandra Yan
Chief Compliance Officer & Data Protection Officer, Singapore

B&I Capital offers products for qualified, institutional investors that enable investment in real estate, mainly through REITs.
For further information on how we can assist you or to learn more about our funds please