Industry Veterans Launch Retail-Focused Private Equity Firm

CHICAGO, IL – Industry veterans, Christopher Nolte and David Schreiber have launched the new private equity platform, AneVista Group. The professionals founded the company to focus on innovative investment and operating strategies within the retail real estate sector.

Established during a substantial structural evolution for the retail industry, while real estate investors are expecting significant distress and valuation declines within the sector, AneVista intends to develop and redevelop small format, necessity-oriented shopping centers. The company will target e-commerce resistant retailers in last mile locations that address the trends reshaping consumer preferences and retailer operations.

Aiming to capitalize on significant product availability and distressed pricing, the company will focus on specific retail segments that mitigate risks of large format shopping centers and employ solutions that address retailer and consumer demand for innovation. Viewing the continued industry disruption as a unique opportunity to pursue a highly-focused, value-oriented strategy, the professionals plan to reimagine the future of last mile retail.

“We plan to organize our investments around the most durable retail segments and create value through strategic retailer partnerships, joint venture relationships, new site uses and innovative operating solutions that address the transformation occurring in omnichannel, logistics and fulfillment,” states Nolte.

Anchored by favorable market fundamentals and investment qualities, the company’s strategy aims to promote sustainable asset relevance and drive risk-adjusted investment returns.

“This was an ideal time to bring our unique experience and perspective to a sector that demands urgent innovation,” says Schreiber. “As stewards of the built environment, the real estate industry has an obligation to maintain the relevance of shopping centers for the benefit of retailers, consumers and our communities. AneVista was born out of a passion for that responsibility and a focused vision for redefining the future of small format, last mile retail.”

Co-founders and managing partners, Nolte and Schreiber have a combined 40 years of commercial real estate industry experience, spanning private equity and related disciplines. Throughout their careers, the two professionals have served the investment objectives of institutional, family office and high net worth investors.

Nolte previously served as president of the family office, Marcus Investments, and additionally founded the real estate development and investment firm, Berengaria Development, focused on retail and senior housing. He holds 20 years of experience in buying, operating and growing retail real estate operating companies.

Schreiber previously served as managing director and retail sector lead at LaSalle Investment Management, where he managed retail and office investments and consistently served as a top producer. As a seasoned real estate investment executive, Schreiber also holds 20 years of experience in leading more than $4 billion of acquisition and development activity across various property types, markets, risk profiles and transaction structures.