NEW YORK, July 22, 2015 /PRNewswire/ -- J.P. Morgan
Asset Management – Global Real Assets today announced the
appointment of Adam Pillay as Real
Estate Asia Pacific Platform Specialist. Mr. Pillay is responsible
for advising institutional investors on Asia Pacific real estate investing, as well as
forging strong client relationships across a global real assets
platform with $84 billion in assets
under management and leadership positions in real estate,
infrastructure and maritime investing. Mr. Pillay brings more
than a decade of experience at real assets investment firms,
including the CIM Group and Macquarie Capital. Based in
New York, he reports to
Doug Doughty, Global Head of
Business Development, Global Real Assets, J.P. Morgan Asset
Management.
With one of the broadest real estate footprints in the region,
J.P. Morgan Global Real Assets' Asia
Pacific real estate platform has nearly 50 professionals,
offices in five cities across Asia
Pacific, and investment strategies across the risk/return
spectrum from core to opportunistic. The platform covers
90% of the investable real estate market in Asia Pacific.
"Institutional investors are turning to real assets in larger
numbers and with greater allocations, as they seek less correlated
asset classes to remedy the domestic bias in their portfolios,"
said Mr. Doughty. "As the allocations grow larger, Adam's expertise
in advising clients on real estate and deep understanding of real
asset investing will help investors access the benefits of adding
Asia Pacific real estate to a
diversified real estate portfolio."
"Investors in developed markets have long since diversified
their public equity exposures, with approximately 55% allocated to
international equities on average. However, real estate allocations
among these same investors indicate a major domestic bias and
sacrifice the much-needed diversification that Asia Pacific real estate exposure can
provide," said Mr. Pillay.
Mr. Pillay was most recently at CIM, where he worked closely
with global institutional investors to capitalize opportunistic,
core and debt real estate and infrastructure funds, co-investments
and separate accounts. Earlier in his career, he was a vice
president within the Real Estate Private Capital Markets group at
Macquarie where he provided M&A, private placement advisory and
capital raising services to specialist real estate operators,
primarily across the Asia Pacific
and North American regions. Mr. Pillay received a Bachelor of
Science, genetics and biotechnology, and a Masters of
Commerce, international finance, from the University of New South Wales, Sydney, Australia.
About J.P. Morgan Asset Management – Global Real
Assets
J.P. Morgan Asset Management – Global Real
Assets has more than $84 billion in
assets under management and more than 400 professionals in the
U.S., Europe and Asia Pacific, as of March 31, 2015. With a 45-year history of
successful investing, J.P. Morgan Asset Management – Global Real
Assets' broad capabilities provide many of the world's most
sophisticated investors with a global platform of real estate,
infrastructure and transportation strategies driven by local
investment talent with disciplined investment processes
consistently implemented across asset types and regions. The
Global Real Assets team is part of J.P. Morgan Asset Management's
Alternatives Investments business, which collectively manages over
$120 billion in client assets across
real assets, hedge funds, credit and private equity. For more
information please visit
jpmorgan.com/institutional/global_real_assets
About J.P. Morgan Asset Management
J.P.
Morgan Asset Management, with assets under management of
$1.6 trillion, is a global leader in
investment management. J.P. Morgan Asset Management's clients
include institutions, retail investors and high net worth
individuals in every major market throughout the world. J.P.
Morgan Asset Management offers global investment management in
equities, fixed income, real estate, hedge funds, private equity
and liquidity. JPMorgan Chase & Co. (NYSE: JPM), the
parent company of J.P. Morgan Asset Management, is a leading global
asset management firm with assets of approximately $2.4 trillion and operations in more than 60
countries. Information about JPMorgan Chase & Co. is
available at www.jpmorganchase.com.
J.P. Morgan Asset Management is the marketing name for the asset
management businesses of JPMorgan Chase & Co. and its
affiliates worldwide.
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SOURCE J.P. Morgan Asset Management