Mayfair Capital Investment Management has appointed Nick Shepherd as chairman of the investors’ committee for Property Income Trust for Charities (PITCH).

Formerly managing partner of Drivers Jonas and latterly vice chairman of Deloitte, Shepherd left Deloitte at the end of May to pursue a number of different interests and has had an involvement in the charitable sector throughout his career, advising on property strategy and investment. Shepherd has a continuing role with Christ’s Hospital Foundation, an educational charity, and Drivers Jonas was also involved in PITCH when it was launched some eight years ago.

PITCH is one of two principal specialist funds designed for charities to invest in property on a pooled basis. The portfolio currently extends to £160 million (around $242 million) of assets under management.

Mayfair Capital was formed in June 2002 as an independent property fund management business designed to serve charities, private investors and pension funds.  It currently manages more than £400 million in pooled funds and advisory mandates.