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The high-profile departure comes two years after the New York-based bank’s reorganisation of its property businesses.
Duncan Batty and Dan Riches will be taking on John Barakat’s role at M&G as he leaves the property lending platform he set up 12 years ago.
Michael Zerda, head of Blackstone Real Estate Debt Strategies in Europe, will take on Amy Klein Aznar’s role at LaSalle as she becomes executive chair of the debt and special situations business.
The debt specialist will lead a new dedicated strategy to invest in real estate credit opportunities globally.
Hiring
According to one of the real estate finance industry’s leading recruiters, hiring activity in 2020 was concentrated in the non-bank part of the market.
Schroders
The asset manager has hired real estate finance specialist Natalie Howard from DRC Capital to lead a comprehensive debt business.
The debt specialist will lead the expansion of the Canadian property giant’s lending activities in the region.
Europe
The London-based manager has made appointments in Paris and London as it expands the focus of its lending beyond the UK.
The real estate investment manager has named a new CEO following the close of the merger between Bentall Kennedy and GreenOak last year.
The chief executive of AXA Investment Managers – Real Assets has risen to the top by taking on one entrepreneurial challenge after another.
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