Jonathan Pollack to Join Blackstone Real Estate as Chief Investment Officer for Debt Strategies
June 15 2015 - 4:15PM
Business Wire
Blackstone (NYSE:BX) today announced that Jonathan Pollack has
joined the firm as a Senior Managing Director in its Real Estate
Group. He will be the Chief Investment Officer for Blackstone Real
Estate Debt Strategies (BREDS), reporting to Mike Nash, who
continues as the Global Head of BREDS. Mr. Pollack was previously a
Managing Director and Global Head of Commercial Real Estate, as
well as Head of Risk for Structured Finance, at Deutsche Bank.
Mike Nash said, “Our real estate debt business has grown
dramatically in the past few years, in size, scope and geography.
Today, we manage nearly $10 billion of investor capital through our
publicly traded mortgage REIT (BXMT), our private mezzanine debt
funds, and our CMBS investing platforms. Our recent purchase of
mortgages from General Electric has scaled the business even
further. We feel quite fortunate that we can attract a great talent
and industry leader like Jonathan. Looking forward, Jonathan’s
talents and experience will help accelerate and enhance our growth,
as we become one of the pre-eminent real-estate finance firms in
the world.”
Added Jonathan Pollack, “I am delighted to join Blackstone. They
are the leading real estate investor in the world today in almost
every sector. I see terrific opportunities here, and I am looking
forward to working with the team.”
Mr. Pollack joined Deutsche Bank in 1999 from Nomura Bank. He
holds a bachelor’s degree in Economics from Northwestern
University.
About Blackstone
Blackstone is a global leader in real estate investing.
Blackstone’s real estate business was founded in 1991 and has
approximately $93 billion in investor capital under management.
Blackstone’s real estate portfolio includes hotel, office, retail,
industrial and residential properties in the US, Europe, Asia and
Latin America. Major holdings include Hilton Worldwide, Invitation
Homes (single family homes), Logicor (pan-European logistics), SCP
(Chinese shopping malls), and prime office buildings in the world’s
major cities. Blackstone real estate also operates one of the
leading real estate finance platforms, including management of the
publicly traded Blackstone Mortgage Trust.
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version on businesswire.com: http://www.businesswire.com/news/home/20150615006374/en/
BlackstonePress:Peter Rose,
212-583-5871Rose@Blackstone.com
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