The fourth pillar of incentives: Co-investment

Tim Kessler, LaSalle’s Global Chief Operating Officer, spoke with NAREIM about why LaSalle is expanding co-investment eligibility, what it is delivering for the firm, and the pros and cons of expansion.

For LaSalle Investment Management, co-investment is key to attracting and retaining employees and to aligning employees with clients’ interests and the firm’s culture. Once limited to select senior executives, opening up co-investment participation to a 950-strong workforce located globally across 23 offices has been a complex operational undertaking.