Industry News
The investment consultant has promoted its president and cio to ceo as its founder is transitioning to the role of strategic advisor.
The new hire joins the firm from Sixth Street.
He departed last week after 15 years with the firm and his responsibilities have been redistributed to colleagues.
The four new partners bring the investment consulting firm’s shareholder base to 27 individuals.
The fund close represents Heitman’s “largest closed-end fundraise to date.”
THe firm has appointed Amir Malayery a managing director for its secondaries strategy.
The firm’s latest opportunistic real estate fund closes with total commitments exceeding $1 billion.
He joined the firm last month from Segall Bryant & Hamill, where he served in a similar role.
The fund exceeded its hard cap of $1 billion.
Many endowments, foundations and their allocators point to relatively small or medium-size private equity buyout and early-stage venture capital for returns that outpace the public markets, while private real estate, infrastructure, hedge funds and private debt, especially asset-based lending look like strong portfolio diversifiers in this year’s mercurial environment.