LaSalle Investment Management

We only invest in real estate, bringing a unique focus and depth of expertise to the sector.

LaSalle operates in 17 countries and 24 offices worldwide. As an independent subsidiary of Jones Lang LaSalle Incorporated (NYSE: JLL), one of the world's largest real estate companies, we have a presence in every region of the world in which we invest.

At LaSalle, clients always come first. We understand our clients' requirements, and design investment strategies and devise asset allocations to meet their objectives. We take our fiduciary responsibility seriously and are driven to deliver competitive performance while building long-term relationships.

We operate a dedicated team model. Each investment team functions as an entrepreneurial group, managing a bespoke investment strategy for each client and fund. Teams are responsible for an investment’s entire life cycle and are directly accountable for performance. Regional Investment Committees comprised of LaSalle’s most senior talent oversee all accounts and funds. This proven approach builds trust and alignment with clients' investment objectives.

Our People

LaSalle employs talented people with unsurpassed local market insight and expertise.

People are our strongest asset. Led by some of the industry’s most experienced professionals, we employ people with proven track records in their areas of expertise. Our industry-leading real estate specialists are experienced in all major property sectors and based in the key markets where our clients want to invest. LaSalle’s employees provide the diverse global coverage needed to succeed and build trust in today's investment environment.

Global Management Committee

Karen Brennan

Chief Executive Officer - Europe

London

20 years at LaSalle
Joined in June 1999

Karen Brennan is the CEO of Europe, based in London, also sitting on the Global Management Committee. She joined LaSalle in 1999 and has successfully held a variety of leadership, investment, asset and portfolio management roles across the organization.

From 2008-2012, she relocated to the firm’s Singapore and Hong Kong offices where she held the role of Portfolio Manager, ex-Japan, for LaSalle's Asia Opportunity Funds, and played a critical role in the re-structuring and stabilization of the region’s business following the Global Financial Crisis. More recently, she has led LaSalle’s Americas Custom Accounts group, which includes some of the firm’s largest and longest-standing institutional investor clients.

Karen earned a BBA, Summa Cum Laude from Loyola University Maryland and an M.B.A. from The University of Chicago Booth School of Business. She is a member of the Association of Foreign Investors in Real Estate and ULI.

Ed Casal

Chief Executive Officer - LaSalle GPS

New York

Joined in November 2018

Ed Casal is the Global Chief Executive Officer of LaSalle Global Partner Solutions. He is responsible for setting the strategic direction for the business, as well as overseeing its day-to-day operations.

Ed joined LaSalle in 2018 with LaSalle's acquisition of Aviva Investors' Real Estate Multi-Manager business. Most recently he was CEO of Global Real Estate, which had £24 billion in assets under management. Prior to joining Aviva Investors, Ed served as CEO of Madison Harbor Capital, a real estate multi-manager firm he co-founded in 2003. Ed’s real estate career began in 1977. Since then, he has been a banker, advisor and investor. He has spent over 20 years undertaking real estate transactions on behalf of institutional investors, industrial corporations and REITs while working at Goldman Sachs & Co, Dillon Read & Co and UBS.

Ed holds an MBA from the Harvard Graduate School of Business and a BSc in Management from Tulane University.

Mark Gabbay

Chief Executive Officer - Asia Pacific

Hong Kong

9 years at LaSalle
Joined in July 2010

Mark Gabbay joined LaSalle in 2010 as Chief Investment Officer for Asia Pacific. In 2015, he became CEO of the region and is responsible for formulating and implementing LaSalle’s investment strategy across Asia Pacific, sourcing opportunities and overseeing the investment process.

Prior to joining LaSalle, Mark served as Managing Director and Head of the Asia Asset Finance Division at Nomura, and was Co-Head of the Asia Pacific Global Real Estate Group at Lehman Brothers, where he was in charge of the firm’s expansion into new markets for both debt and equity real estate investments. Mark also worked at GMAC Commercial Mortgage Corporation as the Head of Real Estate Lending for Japan in the late 90s.

Mark has a BA from the University of California, Berkeley.

Alok Gaur

Global Co-Head of Client Capital Group

Chicago

3 years at LaSalle
Joined in July 2016

Alok Gaur is the Global Co-Head of the Client Capital Group at LaSalle Investment Management in Chicago. He jointly leads the 35 person global client relationship, capital raising, marketing and public relations teams. Alok helps lead new business development, investor relationships and product development around the world in coordination with a London-based Co-Head. Alok is also a member of LaSalle’s Global Management Committee supporting the development and execution of the firm’s business strategy.

Prior to joining LaSalle, Alok was a Managing Director and Partner at The Carlyle Group in Washington DC where he led the capital raising function for global real estate. Before Carlyle, he held senior positions at Greenhill and Co and Credit Suisse’s Real Estate Private Fund Group where he was involved in a variety of capital raising activities for funds and ventures pursuing various real estate investment strategies in North America, Europe and Asia Pacific. He also worked for nine years at The John Buck Company in a variety of roles, and two years at Coopers & Lybrand in the Real Estate Advisory Group as a consultant.

Alok received an MBA and BA from The University of Chicago and currently holds Series 7, 24 and 63 licenses.

Jacques Gordon

Global Head of Research & Strategy

Chicago

25 years at LaSalle
Joined in June 1994

Jacques Gordon leads LaSalle’s Research & Strategy team and is responsible for analyzing capital markets, economies and property around the world. He serves on the firm’s Global Management Committee and the Investment Committees for Asia Pacific and North America. Jacques also chairs the Global Research Board of JLL and teaches International Real Estate at Kellogg School of Business, Northwestern University.

Jacques was previously a research economist at the Urban Institute in Washington, DC. In 2000, he received the Graaskamp Award from the Pension Real Estate Association for his contribution to institutional investment research and strategy.

Jacques has a PhD from the Massachusetts Institute of Technology, an MSc from the London School of Economics and a BA from the University of Pennsylvania.

Jeff Jacobson

Global Chief Executive Officer

Chicago

19 years at LaSalle
Joined in June 2000

Jeff Jacobson is CEO of LaSalle Investment Management, responsible for a 750+ person team managing investments in both private and public real estate across all major markets within Europe, North America and the Asia Pacific region. Jeff is a member of JLL’s Global Executive Board, a member of the JLL Co-Investment Capital Allocation Committee and sits on LaSalle’s Investment Committees in all three regions.

Jeff is located in LaSalle’s Chicago office, having worked in LaSalle’s London and Singapore offices during his career. Prior to his appointment as Global CEO in January 2007, Jeff was Regional CEO for LaSalle’s European operation, based in London, where he was responsible for all aspects of the European business. Jeff has over 30 years of property investment and transactions experience across the globe.

Jeff holds a Bachelor's degree in Economics and a Master’s Degree from Stanford University. He serves on the Management Board of INREV (European Association for Investors in Non-listed Real Estate Vehicles), and is a member of PREA (Pension Real Estate Association) and AFIRE (Association of Foreign Investors in Real Estate).

Lisa Kaufman

Global Chief Executive Officer - Securities

Baltimore

25 years at LaSalle
Joined in January 1994

Lisa Kaufman is a Managing Director and Global Chief Executive Officer and Americas Portfolio Manager for LaSalle Investment Management Securities responsible for overall group management. As North America Portfolio Manager, Lisa is responsible for managing separate account portfolios of public North American property companies and the North American portion of LaSalle Securities’ global securities portfolios. She is a member of the Global Securities Advisory Committee, LaSalle Investment Management’s Global Management Committee and Portfolio Management Oversight Committee.

Lisa joined LaSalle in 1994 and the securities group in 1998. Her previous responsibilities at the firm include serving as a senior analyst covering US retail, US industrial and Canadian retail companies and acting as the Deputy Portfolio Manager for North America. Prior to joining the Securities group in 1998, Lisa worked in LaSalle’s private equity group where she focused on entity level investments in real estate. These transactions included recapitalizing existing portfolios, private real estate companies and public REITs.

Lisa received an MBA in finance from Columbia University’s Business School and an BA in Urban Studies and Political Science from Brown University. She serves on the Real Estate Investment Advisory Council (REIAC) and the Dividends through Diversity Steering Committee at Nareit.

Jon Zehner

Global Co-Head of Client Capital Group

London

7 years at LaSalle
Joined in March 2012

Jon Zehner is the Global Co-Head of Client Capital Group and is based in London. He is responsible for leading LaSalle’s global activities relating to capital raising, new product development, large-scale, cross-border strategic investments and marketing and communications.

Prior to joining LaSalle in 2012, Jon worked at AREA Property Partners as Senior Director responsible for client relationships, deal origination and strategic development. Prior to AREA, he spent 28 years at JP Morgan Chase, where he held a number of senior positions including Global Head of Real Estate Investment Banking and Head of sub-Saharan Africa.

Jon holds an MBA from Harvard and an AB in Economics from Dartmouth. He serves as Chair of the Cambridge Land Economy Advisory Board of the University of Cambridge, as a Trustee of the Urban Land Institute and as a member of the Board of Advisors of the John Sloan Dickey Center for International Understanding of Dartmouth. Past industry activities include founding and serving on the Executive Board of the European Public Real Estate Associate (EPRA), serving on the British Property Federation’s Policy Committee and as a Member of the Board of Directors of the Urban Land Institute.

Jason Kern

Chief Executive Officer - Americas

Chicago

6 years at LaSalle
Joined in July 2013

Jason Kern joined LaSalle Investment Management in July 2013 as the CEO of the Americas and is a member of the Global Management Committee and North American Investment Committee. He oversees all investment activities and personnel in the Americas.

Prior to joining LaSalle, Jason founded and led HSBC Asia Pacific Real Estate. He has worked with Asia’s leading investors, advising on high-profile IPOs, and has overseen equity and bond issues, private equity raises and asset acquisitions and sales, with total transaction volume exceeding $50 billion. Prior to HSBC, he spent 17 years at J.P. Morgan, mainly in senior roles within the real estate investment banking team across the U.S., UK, Continental Europe and Hong Kong.

Jason is a member of the Board of Directors of both the National Association of Real Estate Investment Managers (NAREIM) and the Association of Foreign Investors in Real Estate (AFIRE).

Jason earned an MBA from New York University’s Stern School of Business and a BA from Colgate University.

Country-Specific Info

Company

History

Our People

Careers

Global Management Committee

Sustainability

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Country-Specific Info

History

Our People

Careers

Global Management Committee

Certifications & Affiliations

Specialties

Certifications & Affiliations

Specialties

Sustainability

Contact Us