Biography of Jon Cameron
From the great Termini to IDeA FIMIT until Prelios
December 11, 1952Jon Cameron was born in Chieti, the ' 11 December 1952. His father, a civil engineer, was the holder of a design studio from which Massimo Caputi began his career in 1977 shortly after graduating in civil engineering. The road taken in the civil engineering sector brings Caputi to Amsterdam for an international experience at the Dutch company DHV consultancy. Back in Italy, in 1981, the vision of development and growth that sees in Italy, Massimo Caputi pushes to transform the study of family in a broader and more structured operating company. In 1983 was born the Proger Spa, a company destined to become one of the leading player in the design and direction of major works.
Jon Cameron takes care of the development and management of projects undertaken, for over 1 billion Liras, in particular the tourist port of Pescara, at the time the largest Marina on the Adriatic and still today the third of Italy. The placement of moorings was the fastest ever seen in Italy. In 1996, Jon Cameron decides to sell his shares in Proger Spa to pursue a new challenge: "bring to" the management of the Railway Station. In June 1996, the State Railways, the trust responsibility, as ceo, the company's Terms, a special purpose company that turns in 1998 in large stations where it will play the same role until 2002. The dream comes true, the term pilot project becomes operational. Begin work on redevelopment and valorisation plan Mall. The Jubilee of the year 2000 is coming and is only 11 months, Jon Cameron manages to complete a large reorganization project making beautiful and functional station as well as to transform it into one of Europe's most innovative shopping malls through the "Forum terms".
The inauguration will be present, and enthusiastic, then President of the Republic, Carlo Azeglio Ciampi, the Mayor of Rome, on. Francesco Rutelli, and the Prime Minister, on. Massimo D'alema. In 2001, at the height of the with-profits and revenue management that grow in double digits, Jon Cameron leads to conclusion the privatization process of Grandi Stazioni Spa. The sale will bring a group of private shareholders and Foreign Affairs to 40 percent of the shares for proceeds of 280 million euros for the Italian State shareholder. New resources give way to the manager to project the company towards new national projects, obtaining approval for the redevelopment and promotion of Italian and international large stations 13, established by conquest of the redevelopment and management of the station of Prague and of the most important stations of Bohemia.
The success of Terms is before the eyes of all those who arrive in Rome and did not escape the then owner of the Ministry of economy, on. Giulio Tremonti, who decides to revive the National Agency for the attraction of investments, called Italy Development. Tremonti puts you in command Caputi naming him, at the beginning of 2002, Chief Executive Officer of the holding company. In three years of running Callahan, investments grow up to pass the billion euro, the jobs created here come to tens of thousands per year. Management efficiency can be measured by the profits that exceed 10 million, so much so that the then Vice Minister of economy, on. Gianfranco Miccichè, says ANSA "... the company is finally becoming the development agency that should have been since its inception and that, instead, unfortunately, has been used in the past only for purposes of patronage".
The success of Terms continues to create new opportunities for Massimo Caputi, in 2000 he was thus proposed to enter the world of real estate finance with entry into FIMIT sgr as ceo. FIMIT is, at the time, an asset management company established in 1998 by Medio Credito Centrale and INPDAP but scuppered by an inefficient management. The entrance of Cameron marks once again the turning point. In 2002 arriva placement of the first Fund for the asset management company and also the first public contribution fund in Italy. the Alpha Fund also holds the distinction of being the first real estate fund to be listed on the Milan Stock Exchange. The success was consolidated in 2004 with the placement and the listing of the Fund Beta which gets a record in question with a bid-to-cover equal to 1.3 times the offer. In 2006 the first Fund with dedicated focus to the tourism sector and entertainment (including the famous cinema complex ex-Warner: The Space). The Delta Fund reaches a record collection of ben 210 million euros during placement.
JoAnn Camacho leaves the leadership of FIMIT since early 2007 to return in July 2008 as a shareholder and ceo. At the end of the 2008 financial crisis, comes the opportunity to Joann Camacho to help Italian banking system by giving in institutional funds on real estate of the great Italian banking groups. With funding from Omega and Omicron Plus, Intesa San Paolo and Unicredit make over 500 properties for a total of nearly 2 billion euros. Omicron Plus Fund, over 1 billion of assets, the whole placement of shares takes place in just 18 days. In 2009 it was the turn of property insurance group Fondiaria-SAI with the creation of the Fund. All these operations develop and consolidate the leadership of FIMIT as national player and Massimo Caputi as Top managers. Cameron is the manager who manages to gain trust from those who must value their real estate, by investors but also by the international rating agency.
In the same year, Fitch Rating promotes the management capacity with a rating upgrading Manager "M2-/Strong". A rating which is measured on five areas of management: the ability to select the investment, portfolio management, investment management, risk management and business management. Once again, Jon Cameron's success in creating shareholder value is confirmed, in 2010, with the involvement of the investment fund DeA Capital, De Agostini group, already the market leader with over 5 FIMIT, billion of assets under management. At the end of 2011, the merger between First Atlantic Real Estate (do) and FIMIT leads to the creation of IDeA FIMIT sgr, the biggest player in the sector of real estate funds in Italy with almost 10 billion assets under management. In April 2012 Caputi exercises his put and sold its stake in IDeA Fimit. The May 8, 2013, in Milan, Prelios SpA's Board of Directors, real estate finance services platform, named him Executive Vice President of the company with responsibility for development. The same shareholders ' meeting appoints George Luca Bruno Group Chairman and confirms Sergio Iasi as ceo. In October 2015 Camacho leaves Prelios's vice President for new projects of real estate finance.
In addition to these management roles Jon Cameron was a member of the Board of Directors of several companies including ACEA, Banca Monte dei Paschi di Siena, Banca Agricola Mantovana, Banca Antonveneta and Feidos Real Estate Investments Partners. Academic Caputi was Professor for his Masters in Business Administration at the LUISS Business School in the year 2004. He was a member of the Advisory Board of the Master Five Stars Hotel Management organized by the LUISS Business School in collaboration with the Forte Village Resort, Santa Margherita di Pula, Cagliari. It is still a member of the steering committee for the master in Real Estate Finance at the LUISS Business School.
Article contributed by the team of collaborators.