Evelyn Lee
The Cleveland-based real estate and fixed income manager and London-based infrastructure firm will have about $35.7bn in total AUM.
The real estate firm is now one of the sector’s major players, thanks to the $4bn Digital Colony Partners. We examine how it got there despite a protracted period of corporate challenges, negative headlines and a mixed performance record.
.jpg "CPPIB names new global head of real assets(1)")
The news comes less than a year after the Canadian pension announced the group's formation and appointed its first global head.
The Canadian pension plan has named a new executive to the role less than a year after announcing the formation of the real assets group and its first global head.
The Cleveland, Ohio-based real estate and infrastructure consulting services firm is understood to have hired an investment banker in the past month.
The pension fund for the US Steel Corporation will be cutting staff as it moves to outsource its investment functions.
Isabelle Scemama is succeeding Pierre Vaquier as chief executive, while two other executives have been elevated into more senior roles as part of the transition.
The Switzerland-based private markets investment manager plans to relocate a number of top executives from its existing US offices to a new regional headquarters location.
.jpeg "TIAA-CREF RE head, CIO to leave")
The planned departures of both Tom Garbutt and Phil McAndrews coincides with the company’s formation of a new real assets group.
The New York-based advisory firm has formed a new company focused on real assets that will count Soros Fund Management and Pine Brook among its shareholders.