LaSalle Promotes Allison McFaul to Americas COO / CFO
CHICAGO (April 14, 2022) — LaSalle Investment Management (“LaSalle”) announced Allison McFaul will be its Chief Operating and Financial Officer (“COO / CFO”) for the Americas Private Equity business. Allison will succeed Joe Romenesko, who is retiring in June and has served in the role for the past six years. As LaSalle Americas COO / CFO, Allison will be responsible for the operations and finances of LaSalle’s $27 billion Americas Private Equity business.
Allison has been with LaSalle for nearly 25 years, most recently in the role of Managing Director and Co-Head of Asset Management Strategy and Initiatives. In this role, she led operations across LaSalle’s Asset Management platform. In addition to managing a 24-person Operations team, she worked to drive increased asset performance, deliver on client strategic objectives, and implement process design and improvement initiatives through technology and standardization.
During her time with LaSalle, Allison has worked in the firm’s Baltimore, Chicago and London offices across multiple functions including the LaSalle Value Partners US fund series and Custom Accounts platforms. She has also taken on critical aspects of the business within Asset Management including running large teams, streamlining operations, and improving financial reporting. Allison will continue to be based in Baltimore and will report to Kristy Heuberger and Brad Gries, Co-Heads of the Americas for LaSalle.
Gries said: “We are fortunate to have such a strong internal leader in Allison who is so well-positioned to succeed Joe given her tenure with the firm and breadth of experience across the platforms. Allison embodies our LaSalle values, has been a long-time culture carrier within in the firm, and we are confident she will continue to drive progress.”
Heuberger said: “Joe has been an exceptional partner and leader during his time as our Americas COO / CFO. His ability to execute at the highest level has been a pillar of the sustained growth our Americas business has experienced. Brad and I are grateful to have had him on our team, and wish him the best in retirement.”
McFaul said: “I am thrilled to be named LaSalle Americas COO/CFO and look forward to continuing the legacy of success LaSalle has had in our region. This is a truly unique place to work, and I believe our outstanding culture and opportunities to grow within the firm are a foundation on which LaSalle’s success is built. I am excited to carry that forward in this new role.”
Romenesko added: “I’m proud to have been a part of many collective achievements at LaSalle and JLL and am thankful to have had such a wonderful group to work with over the past two decades. LaSalle is in good hands with Allison taking on the Americas COO/CFO role and working in partnership with Brad and Kristy.”
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 $77 billion of assets in private equity, debt and public real estate investments as of Q4 2021. 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 www.lasalle.com and LinkedIn.
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