Marinchek quits Mariner Financial

property/investors/

20 November 2008
| By Liam Egan |

Scott Marinchek, founder of Mariner’s Third-Age Retirement Living division, has left Mariner Financial to launch a series of investment funds delivering seniors housing and care.

Marinchek has acquired the intellectual property and development pipeline for the division from Mariner Financial through his business, ethicalCapital.

“A different way of thinking is required to provide sustainable global living solutions for our ageing populations,” he said.

“Required flows of financial and human capital must be carefully managed to ensure alignment of interests between residents, operators and investors.”

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