November 9, 2018
Chicago-based LaSalle Investment Management launched LaSalle Global Partner Solutions, a new fully-integrated division dedicated to building indirect investment portfolios by partnering with expert real estate operators across the world. The announcement follows the closing of its acquisition of the Real Estate Multi-Manager business of Aviva Investors. The new platform will offer a range of opportunities across private, public, debt and equity segments through investment in third-party and in-house funds, joint ventures, co-investments and secondaries.
LaSalle GPS will be led by CEO Ed Casal, who joined from Aviva Investors where he was CEO of Global Real Estate and Co-Founder of its Global Indirect Real Estate business. Casal will be based in New York and has joined LaSalle’s Global Management Committee.
The move brings together under one umbrella the Aviva multi-manager indirect business, LaSalle’s existing European-based global indirect investment team, and its global strategic co-investment team based in Chicago. It will have assets under management of nearly $10 billion across all geographies and risk profiles, and a team of 40 investment professionals in Chicago, New York, London and Singapore.
For comments, questions or concerns, please contact Dennis Kaiser