Experienced, aligned, regulated
Two founders and two non-executive directors combining principal investment, fund leadership, banking and capital-markets expertise.
A London manager founded in 2019
| Company | Piccadilly & Co Ltd, company no. 12244131 |
| Regulation | Small registered UK AIFM, FCA FRN 1017335 |
| Founded | 2019, by Andre Henderson-Stewart and Bernard Bouverot |
| Office | 177 Shaftesbury Avenue, London WC2H 8JR |
| Focus | Commercial real estate in the UK and Europe: offices, hotels, retail and residential |
| Lot size | £20m–£500m per asset; track record from £5m to £200m |
| Services | Asset management, value-add, off-market sourcing, JV and AIF management |
Founders and non-executive directors
Andre Henderson-Stewart
Director & Founder
- 25+ years of real estate investment for private families from the GCC and Europe
- Former CEO of the Agnelli family office’s real estate arm
- Established Alduwaliya for H.E. Sheikh Thani Bin Abdullah Bin Thani Al-Thani, investing close to £2bn in a commercial portfolio
- Began in valuation, property management and investment at Cushman & Wakefield and Knight Frank
- BSc Construction Management; MSc Property Valuation & Law
Bernard Bouverot
Director & Founder
- Since 2008, President of UNIAL, an open-ended real estate development fund founded in 1959, held by a European and an Algerian sovereign fund and investors from Europe and MENA
- Extensive expertise in managing regulated companies: governance, compliance, risk oversight and reporting
- Founded an engineering and construction company in 2006: hotel design, procurement, construction and development
- Magistère in Business, Law & Tax (DJCE); Master II in Marketing; Bachelor of Engineering
Nicolas De Cet
Non-Executive Director
- Chairman of Raiffeisen Bank (Jura) in Switzerland for 12 years, overseeing assets of over CHF 1bn, including funds managed for Helvetia Insurance
- Now based in Abu Dhabi, as a lawyer to international corporates and family offices
- Began his career as a civil-law lawyer and notary, and served as a public prosecutor in the Swiss Army
- Master of Law (lic. iur.), University of Neuchâtel; member of the Swiss Bar Association
Tim Smither MRICS
Non-Executive Director
- Over 30 years in UK commercial real estate; joined Knight Frank in 1996: Partner 2003, Equity Partner 2014, 11 years on the Capital Markets Board
- Clients include Blackstone, Legal & General, Nuveen, M&G, LondonMetric, Scottish Widows and USS
- Deals include The Colmore Building, Birmingham (£170m, Blackstone, 2019) and Project Chariot (£500m+, 2017)
- Retired as a Knight Frank Equity Partner in 2025 and joined Piccadilly & Co in 2026
The “two minds” rule
As the FCA requires, both Directors take part in every acquisition, financing and disposal decision, advised by the non-executive directors and the firm’s professional advisers.
Andre and Bernard met in 2016 and founded Piccadilly & Co Ltd in 2019. Tim was Andre’s line manager in Knight Frank Capital Markets from 2005 and later managed the sales of Riverside House, 100 New Bridge Street and Edmund Street to Alduwaliya, where Andre was Director of Investment. Tim joined Piccadilly & Co in 2026.
Institutional partners at every level
Regulated governance, supported by established, independent advisers and banks.
Knight Frank LLP
Global real estate consultancy founded in 1896, where the Piccadilly & Co team trained in real estate investment.
Farrer & Co LLP
Founded in 1701, one of the UK’s oldest law firms, named among The Times Best Law Firms 2024.
BDO LLP
Business advisory and tax services in 166 countries.
Thompson Taraz
London fund services specialist supporting property fund managers for 30 years.
Amanah Advisors
Islamic finance specialists guiding fund managers on Shariah compliance.
RBS · NatWest · Al Rayan Bank
Commercial and private banking, including Shariah-compliant banking.