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LaSalle Investment Management (“LaSalle”) today announced that Tom Rose, LaSalle’s current Head of UK Relative Returns, will succeed Julian Agnew as Head of Custom Accounts, Europe, effective from 1 December 2022.
After a long and successful career at LaSalle, Julian has confirmed he will be leaving the business at the end of December 2022.
Tom has been a key member of Julian’s team for more than 20 years, with responsibility for client portfolios with relative return investment strategies within the UK. In his new role, Tom will report into Philip La Pierre, Head of Europe at LaSalle, and will continue to shape and position client portfolios, ensuring competitive investment performance in the context of individual client risk-return requirements. Tom will also become a member of LaSalle’s European Management Board, where he will lead Custom Accounts’ contribution to LaSalle’s growing and integrated investor product mix across Europe.
Tom Rose, incoming Head of Custom Accounts, Europe at LaSalle Investment Management, commented: “It is an honour to be appointed Julian’s successor and lead our Custom Accounts business in Europe. We are committed and driven to deliver the best possible performance for our clients’ long-term success. I look forward to working with our Custom Accounts clients in this new role, supported by our integrated pan-European operating platform and market-leading research, to achieve the investment objectives of their real estate investment programmes.”
Julian Agnew, outgoing Head of Custom Accounts, Europe at LaSalle Investment Management, said: “I have had a long career across LaSalle Investment Management, and I am very fortunate to have worked with some incredible people both internally and externally. LaSalle is well-positioned to continue to deliver exceptional value for clients, and Tom is the right leader to drive the next phase of growth for the Custom Accounts business.
“I look forward to the next challenge in an industry that I still find as rewarding and exciting as when I first started.”
Philip La Pierre, Head of Europe at LaSalle Investment Management, added: “We thank Julian for his distinguished service and leadership. Julian has played a seminal role in the success of the business, and we look forward to celebrating his contribution and many achievements at LaSalle before he leaves at the end of this year. We wish him every success in the next challenge that he takes up in the industry.
“Tom’s unique skillset and professional experience positions him well to take on this role, having been a member of Julian’s team for over 20 years. I look forward to working with Tom as a member of our European Management Board to build upon Custom Accounts’ contribution to our pan-regional, best-in-class client offering.”
About LaSalle Investment Management
LaSalle Investment Management is one of the world’s leading real estate investment managers. On a global basis, we manage approximately $82 billion of assets in private equity, debt and public real estate investments as of Q2 2022. The firm sponsors a complete range of investment vehicles including open- and closed-end funds, separate accounts and indirect investments. Our diverse client base includes public and private pension funds, insurance companies, governments, corporations, endowments and private individuals from across the globe. For more information please visit 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.
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