Social infrastructure investment manager Newcore Capital has appointed George Coulson as associate director within its investment team.

Reporting to chief investment officer Harry Savory, Coulson will lead on sourcing, underwriting and portfolio management to maximise asset performance.

Coulson has more than a decade of real estate experience. He joins from commercial property estate agent Avison Young, where he spent over a year as a director in the healthcare team. During his time there, he helped set the team’s overall strategy and transaction activity, focusing on executing investments, repositioning assets, and providing strategic advisory services to clients. Before that, Coulson spent six years at Assura, managing more than £400 million in healthcare property acquisitions and disposals before transitioning to strategic asset management across the primary and private healthcare sectors.

Coulson: “I’m looking forward to bringing the sector insight and strategic experience I’ve gained over the years, particularly in healthcare real estate and asset optimisation, to help grow and enhance the Newcore’s portfolio, acting as a genuine steward to the capital under its management.”

Savory commented: “We’re very pleased to welcome George to the team, whose track record in healthcare real estate is a subsector within social infrastructure that we are looking to strengthen even further as we continue to grow our new and existing strategies.

“With the government increasingly looking to partner with the private sector to achieve positive societal outcomes, now is an opportune time to invest in assets that enable societally critical services.”

Earlier this year Newcore launched its core-plus fund, The Newcore Social Infrastructure Fund (NSIIF), which held its first close this spring with £100 million in investment capacity. NSIIF is targeting total equity commitments of £375 million.