An innovative open ended relative value real estate fund which is a one-stop-solution for global real estate. Partnering with leading blue-chip GPs to provide a diversified, resilient and high-quality global portfolio with sustainable returns.
Gain exposure to a global strategy centered around the assessment of relative value and delivery of sustainable returns with a portfolio bias towards non-traditional property sectors.
Execution of the strategy with an optimal product approach: commingled funds, JVs, co-investments, debt strategies and listed securities.
As of December 31, 2021
Target allocation: 30-40%
Rationale: Provides efficient access, liquidity and diversification
Execution: Closed and open end funds managed by expert operators, accessible via primary and secondary trades
Commingled equity funds
Target allocation: 30-40%
Rationale: Investment alongside experienced operating partners to access large transactions, often alongside broader LaSalle clients
Execution: On market and off market opportunities leveraging on existing relationships with operating partners potential to partner with broader LaSalle clients
Joint ventures, clubs and co-investments
Target allocation: 15-25%
Rationale: Exposure to whole loan and mezzanine debt providing attractive cash flow, risk adjusted returns with downside protection
Execution: Leverage on existing GPS and broader LaSalle relationships with best in class borrowers and senior lending partners
Target allocation: 5-10%
Rationale: Accessing real estate fundamentals through listed property companies to capture value, maintain some liquidity and access consolidated sectors (e.g. major malls)
Execution: Utilising LaSalle’s Listed Real Estate Securities team for ultimate stock selection and trade execution
Mr. Zehner is responsible for setting the strategic direction of LaSalle Global Partner Solutions as well as overseeing its day-to-day operations. He is a member of LaSalle’s Global Management Committee.
Jon joined LaSalle in 2012 as Global Head of the Client Capital Group and a member of the Global Management Committee. In 2016, he became Global Co-Head of the Client Capital Group. In these roles, he was responsible for, leading LaSalle’s global activities relating to clients, capital raising, new product development and large-scale, cross-border strategic investments. Prior to joining LaSalle in 2012, Jon was a Senior Director at AREA Property Partners responsible for client relationships, deal origination and strategic development. Jon joined AREA Property Partners in 2009 from JPMorgan where he spent 28 years and held several senior positions including Global Head of Real Estate Investment Banking and Head of sub-Saharan Africa.
Jon serves as Chair of the Cambridge Land Economy Advisory Board of the University of Cambridge, as a Trustee and recent European Chairman and Member of the Board of Directors of the Urban Land Institute. Past industry activities include founding and serving on the Executive Board of the European Public Real Estate Association (EPRA) and serving on the British Property Federation’s Policy Committee. In addition, Jon serves on the Board of Governors of Arnold House School in St. John’s Wood, London and as the Chair of the UK Board of African Parks. Jon holds an MBA from Harvard and an AB in Economics from Dartmouth.
Rachel is the Chief Operating Officer and Chief Financial Officer for LaSalle Global Partner Solutions, and is directly responsible for the business operations and the corporate accounting and finance functions of LaSalle GPS.
Prior to her appointment as COO/CFO of LaSalle GPS, Rachel spent almost six years as LaSalle’s Global Funds Counsel where she led the team responsible for all legal aspects of the fund raising life-cycle (from concept, to marketing, structuring, documentation and closing) of a number of existing and new products across LaSalle’s global platform, including structured products, clubs and commingled funds.
Before joining LaSalle, Rachel was a Senior Associate in the Financial Services Group at Dechert LLP. She has an LLB in Law and French from the University of Bristol and has completed the Investment Management Certificate (CFA UK).
Dan Witte is the Chief Investment Officer of LaSalle Global Partner Solutions and oversees a series of co-investment and joint venture vehicles, with a broad history of investment experience including structured equity, development and operating joint ventures, distressed debt, recapitalizations, senior and junior loans and public securities.
Dan serves on the North American private equity Investment Committee and the North American private equity Advisory Board. He joined LaSalle in 1992 in the Acquisitions group where he served until 2006.
Dan received an MBA from Northwestern University’s Kellogg Graduate School of Management and a BS in Finance with highest honors from the University of Illinois.
Alistair Dryer is Head of UK Client Capital for LaSalle Global Partner Solutions where he is responsible for all aspects of indirect investments including client management, investment strategy and allocation and management of underlying investments. Alistair has over 15 years of experience in the real estate market.
Alistair joined LaSalle in 2018, having previously been employed at Aviva Investors in their Real Estate Multi-Manager business. Alistair has transacted over £2 billion of investments and has been involved in the creation of a number of bespoke fund vehicles for clients. He has managed both separate accounts and fund vehicles for private and public pension fund accounts.
Alistair has an LLB (Hons) and MSc from Leicester University. He is a member of the Royal Institution of Chartered Surveyors and is registered as an Authorised Person by the FCA to conduct investment management activity.
JB Park is a Senior Managing Director in the Investor Relations team and is based in Seoul. He is responsible for investment relationships with Korean investors involving in capital raising, cross-border strategic investments and product development. JB joined LaSalle in 2011 as an acquisition officer.
Prior to LaSalle, JB worked with the Alternative Investment Team at Standard Chartered Bank specializing in distressed debt/equity investment and as an acquisitions officer in the Global Commercial Real Estate Group of Lehman Brothers.
JB holds an MA from Cornell University and a BA in Foreign Studies from Hankuk University.
Ms. Allen is responsible for the day-to-day portfolio management of the Fund ensuring that investment is executed in line with the Fund’s strategic and return objectives.
Notable prior experience: Senior Fund Manager in the Aviva Investors’ Real Estate Multi-Manager team; Portfolio Manager at BlackRock, Senior Property Analyst at Alecta; Analyst then Research Manager at Investment Property Databank (now MSCI). Catriona has over 23 years of experience in the real estate investment market. She holds a BA (Hons) from the University of London and an MA from the University of Newcastle Upon Tyne. She is a member of the Investment Property Forum and a member of the INREV Management Board.
Eduardo is responsible for leveraging LaSalle’s broader Research & Strategy capabilities and applying them to guide the investment strategy for the LaSalle's Global Partner Solutions business.
Prior to this role, Eduardo was an Associate Director for LaSalle's direct real estate team with responsibility for conducting research for UK markets, and topical global studies. Eduardo has over 12 years of experience having worked as a UK Property Economist at Capital Economics, and covering markets in Europe, Asia and North and South America for Property Market Analysis LLP in London.
Eduardo holds a Masters degree in Real Estate Economics and Finance, as well as a Bachelor's degree in Government and Economics both from the London School of Economics.
Jennifer is Head of Global Indirect Investments, where she is responsible for all aspects of indirect investments including client management, investment strategy and allocation and management of underlying investments. Jennifer has 14 years of experience in the real estate market across all sectors.
Jennifer joined LaSalle in 2001 as a Financial Analyst in the Sacramento office and was part of a team responsible for the management of a $650 million multi-sector portfolio invested throughout the US. She moved to London in 2005 where she worked with the Special Situations team. Jennifer played a key role in the establishment, acquisitions and ongoing management of a £100 million specialist retail fund investing in UK garden centers. Jennifer also worked on a UK pension fund portfolio with a primary focus on acquisitions.
Jennifer is FCA registered and has a BSc in Business Administration and Finance from the University of Southern California. She is both a US and UK citizen.
We believe that superior investment decisions begin with superior inputs. Our in-house Research & Strategy team includes experts in economics, capital markets, demographics and spatial analysis. The team is based in, and covers, major real estate markets in Europe, North America and Asia Pacific – the three regions of the world where we invest.
Why Global Real Estate Q1 2021 - an update on the original whitepaper (published in Q3 2019) focusing on the key benefits of investing in global real estate markets.
Why Global Real Estate - A Canadian Perspective Q1 2021 - a short addendum addressing Canadian investors and focusing on the principal benefits of going global.