Emmanuel TOUTAIN

April 2010 – December 2011 (1 year 9 months) London, United Kingdom

Real Estate EMEA
Consumer Products & Retail EMEA

Advisor to Carrefour on the proposed spin-off of Carrefour Property in March 2011
- €10bn retail property portfolio across France, Spain and Italy with a €2bn development pipeline
- Work on a daily basis with Carrefour Property management and Carrefour financial team
- Definition of the scope, equity story, business plan & financing structure of Carrefour Property
- Review of legal & tax options and modeling of financial / credit impacts on Carrefour
- Preparation of key documentation for marketing & regulatory purpose (EGM, 10b5, asset transfers...)

Advisor to Carrefour on the €365m sale & leaseback of 97 French supermarkets to La Française AM in 2011
- Definition of the disposal strategy and constitution of the portfolios offered to investors
- Legal, property & financial due diligence on the assets ahead of the auction process
- Preparation of marketing materials, contacts with investors, organization of site visits and Q&As

September 2007 – March 2010 (2 years 7 months) London, United Kingdom

March 2009 - March 2010
March 2008 - September 2008
Real Estate EMEA – London

Developed in-depth knowledge of the French & Benelux Real Estate industry
Worked on office, retail, hotel, healthcare & industrial property assets
Solicitation & execution of M&A, private placement, rights issue, IPO & derivatives transactions

- Advisor to several large European retail groups on strategic options for their property holdings
- Financing of a real estate private equity firm's stakes in listed companies with derivatives & structured products (>€2bn)
- Advisor to Simon on the €715m sale of Simon-Ivanhoe to Unibail-Rodamco in February 2010
- Bookrunner & advisor on Befimmo’s €167m rights issue in June 2009

September 2007 - February 2008
French Investment Banking – Paris

- Introduction to careers in private wealth management and how a multi-family office works
- Responsible for research about high-net worth individuals, trends in the wealth management industry, multi-family offices in the US, philanthropy, art as an asset, microcredit and private equity