JPMorgan Asset Management Names New Head of Americas Real Estate
JPMorgan Asset Management, a global leader in investment management, has appointed a new head of Americas Real Estate. The company announced on December 7, 2023 that Michael O’Hanlon will take on the role, effective immediately.
Background of Michael O’Hanlon
Michael O’Hanlon is a veteran of the real estate industry, having worked in the sector for more than 25 years. He has held a variety of positions, including managing director of global real estate at Goldman Sachs and head of real estate investments at UBS. Most recently, he was the head of real estate investments at Blackstone.
JPMorgan Asset Management’s Real Estate Division
JPMorgan Asset Management’s Real Estate Division is one of the largest in the world, with more than $100 billion in assets under management. The division is responsible for managing the company’s investments in real estate, including office, retail, industrial, and multifamily properties.
Michael O’Hanlon’s Role at JPMorgan Asset Management
In his new role as head of Americas Real Estate, Michael O’Hanlon will be responsible for leading the division’s investments in the region. He will be responsible for developing and executing strategies to maximize returns and manage risk. He will also be responsible for overseeing the division’s relationships with clients, partners, and other stakeholders.
Michael O’Hanlon’s Vision for the Division
Michael O’Hanlon has expressed his vision for the division, which is to create a “best-in-class” real estate platform that is focused on delivering superior returns for clients. He believes that the division should be focused on identifying and investing in high-quality real estate opportunities that are aligned with the company’s long-term objectives.
JPMorgan Asset Management’s Response
JPMorgan Asset Management’s CEO, Mary Callahan Erdoes, expressed her enthusiasm for the appointment of Michael O’Hanlon. She said, “Michael is a proven leader in the real estate industry and we are thrilled to have him join our team. His experience and expertise will be invaluable as we continue to build our real estate platform and deliver superior returns for our clients.”
Conclusion
JPMorgan Asset Management has appointed Michael O’Hanlon as the new head of Americas Real Estate. O’Hanlon brings with him a wealth of experience in the real estate industry and a vision for the division that is focused on delivering superior returns for clients. The company is confident that O’Hanlon will be a great asset to the team and will help to further strengthen the division’s position as a global leader in investment management.