Venture capital firm Pi Labs has appointed James Pellatt as venture partner to lead the deployment of technologies across its limited partners’ global property portfolios.
James Pellatt
Pellatt joins from Great Portland Estates (GPE), where he was the director of innovation, developing and executing digital transformation strategies across its £2.5bn London portfolio to better serve customers, achieve net zero ambitions and improve operational efficiency for assets and staff productivity.
Faisal Butt, managing partner and founder of Pi Labs, said: “For years, we have been successfully facilitating deployments of our portfolio companies into our LP [limited partner] base at a global scale, and appointing James will allow us to double down and maximise opportunities for both our founders and LPs alike.
“Given James’ expertise and track record, he is well-equipped to support the ambitions of many of our international LPs, who are seeking to decarbonise and digitalise portfolios, and we are delighted to have him onboard.”
Pellatt added: “Net zero targets, energy costs, labour shortages and costly development inefficiencies are just some of the reasons why developers, investors, suppliers and occupiers are looking to future proof themselves through digitalisation.
“I look forward to working with both the portfolio companies in Pi Labs’ ecosystem as well as all global LPs to support the evolution of our built environment for the benefit of all stakeholders.”
