LaSalle strengthens Debt & Special Situations Team by appointing two new Directors
LONDON (March 1, 2016) – LaSalle has expanded its Debt Investment & Special Situations team with the appointments of Mike Pashley and Ali Imraan as Regional Director and National Director, respectively.
This follows a strong twelve months for the team after transacting 12 deals on behalf of its advised funds, representing total lending of over £550m during the period.
Both Mike Pashley and Ali Imraan bring with them a wealth of experience from across the real estate lending sector. Mr Pashley was the European Finance Director for ARES European real estate platform (formerly AREA). Whilst at AREA/ARES the team completed over 100 transactions in more than 15 countries in Europe and Mike and his team were responsible for all finance activities in Europe. Prior to his position at ARES he spent 12 years with Ernst & Young in London, Hong Kong and Singapore, followed by two years at Lehman Brothers as European Financial Controller. He is responsible for overseeing loan asset management as well as the finance functions for the Debt and Special Situations Funds.
Mr Imraan was responsible for CRE large loan underwriting for distribution & securitisation within the Asset Backed Finance team at The Royal Bank of Scotland ("RBS") based in London. Prior to this, he headed the Private Equity Real Estate Finance team at RBS, worked within its mezzanine finance team and also worked for Citigroup's European Securitisation & Structured Finance team. He will now focus on new deal origination and execution within the business.
Both will report to Amy Aznar, Head of Debt and Special Situations at LaSalle Investment Management. She said: "Mike and Ali each bring a valuable set of skills to the team and I’m delighted to welcome them to LaSalle. We experienced a fantastic 2015 with 12 deals in 12 months, lending to high calibre sponsors on strong real estate and we are fortunate enough to have been able to grow the debt business at the same time. These new senior level appointments will bolster our team and will allow us to seize upon an increasing number of market opportunities in 2016."
LaSalle Investment Management’s Debt and Special Situations team invests for its funds and client across the capital structure throughout Europe and has transacted in excess of $2 billion over the past 6 years.
About LaSalle Investment Management
LaSalle Investment Management is one of the world's leading real estate investment managers. On a global basis, LaSalle manages more than $69 billion of assets in private and public real estate property and debt investments as of Q3 2020. LaSalle's diverse client base includes public and private pension funds, insurance companies, governments, corporations, endowments and private individuals from across the globe. LaSalle sponsors a complete range of investment vehicles including separate accounts, open- and closed-end funds, public securities and entity-level investments. For more information please visit http://www.lasalle.com, and LinkedIn.
NOTE: This information discussed above is based on the market analysis and expectations of LaSalle and should not be relied upon by the reader as research or investment advice regarding LaSalle funds or any issuer or security in particular. The information presented herein is for illustrative and educational purposes and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy in any jurisdiction where prohibited by law or where contrary to local law or regulation. Any such offer to invest, if made, will only be made to certain qualified investors by means of a private placement memorandum or applicable offering document and in accordance with applicable laws and regulations. Past performance is not indicative of future results, nor should any statements herein be construed as a prediction or guarantee of future results.