LaSalle Investment Management (“LaSalle”) is pleased to announce its appointment by the Protector Pension Fund, the pension fund for employees of ExxonMobil’s Dutch affiliate, Esso Nedeland BV
LaSalle is charged with building up a €45 million diversified portfolio of holdings in Euro dominated unlisted property funds.
Robert La Fors, International Director at LaSalle in Amsterdam and Investment Manager for the account said “We are delighted to announce this new partnership with Protector which presents us with the opportunity to further extend LaSalle’s capabilities for Fund of Funds/Private Fund mandates in Europe. We look forward to actively seeking private fund investment opportunities to meet Protector's performance aspirations and risk requirements”
LaSalle’s global Fund of Funds/Private Funds mandates business continues to grow with €1.3 billion worth of assets currently invested in third party funds.