LaSalle bolsters capabilities in Greater China with the appointment of new Head of RMB Strategy

SHANGHAI AND HONG KONG (November 01, 2022) — LaSalle Investment Management (“LaSalle”) is pleased to announce Matthew Jianguo Yao, a seasoned investment manager in the Greater China market, has been appointed its Head of RMB Strategy. Matthew joins LaSalle from PGIM and brings with him 10 years of experience from CBRE Global Investors, where he worked on capital raising and built operational capabilities including development and asset management.

This appointment follows LaSalle’s successful registration as a private equity fund manager (“PFM”) with the Asset Management Association of China, which enables LaSalle to carry out RMB-denominated capital raising, as well as provide fund management services for RMB funds in China. LaSalle is one of a few wholly foreign-owned firms to have obtained the status of a PFM in China.

In this newly formed role Matthew will partner with LaSalle’s team across Shanghai and Hong Kong to further develop its RMB strategy and execution. He will also leverage his market expertise and deeply-rooted network to forge more capital partnerships with China’s domestic institutional investors and capture new opportunities in the market.

Matthew reports to Claire Tang, Head of Greater China and Co-Chief Investment Officer, Asia Pacific.

Claire Tang commented: “China is a strategically important market for LaSalle and one to which we have a long-term commitment, having operated in the country since 2005. We’re pleased to welcome Matthew to our team as we broaden our fundraising to tap on the deep pool of domestic investable capital in China. As we scale our platform in China and across Asia Pacific, we are looking to continue to deliver strong returns to our investors over time.”

Matthew Yao added: “I’m looking forward to working with the LaSalle team to diversify our investor base and to extend the firm’s track record of investment excellence.”

About LaSalle Investment Management 
LaSalle Investment Management is one of the world's leading real estate investment managers. On a global basis, we manage approximately $82 billion of assets in private equity, debt and public real estate investments as of Q2 2022. The firm sponsors a complete range of investment vehicles including open- and closed-end funds, separate accounts and indirect investments. Our diverse client base includes public and private pension funds, insurance companies, governments, corporations, endowments and private individuals from across the globe. For more information please visit and LinkedIn.

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