Amsterdam, 13 February 2014 – CBRE Global Investors, the leading investment management company with over $88 billion of assets under management globally, announces the appointment of Jeroen de Grunt as Portfolio Manager, Separate Accounts.
Jeroen joins from Bouwinvest Real Estate Investment Management where he was Senior Portfolio Manager Asia/Europe, responsible for the indirect portfolio of the Dutch Construction Workers Pension fund in Asia Pacific and part of their European portfolio with a total Net Asset Value of approximately EUR 450 million.
Whilst at Bouwfonds Asset Management B.V., Jeroen held a number of positions and was responsible for structuring real estate investment funds dedicated to the retail market. In 2006 he structured three funds in the office and residential space in the Netherlands and Germany with Gross Asset Value of EUR 150 million. He also managed seven real estate funds for retail and institutional clients with Gross Asset Value of EUR 500 million. Between 2007 and 2010 Jeroen was an Associate Director at KPMG Corporate Finance, responsible for the Real Estate division.
Jeroen holds a Masters in Real Estate Management and Development.
John Ozinga, Head of Separate Accounts Continental Europe, CBRE Global Investors stated: “Jeroen brings valuable market experience to the team and with his solid track record and investor background he is well positioned to build on the growth of our separate account clients’ portfolios.”
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About CBRE Global Investors:
CBRE Global Investors is a global real estate investment management firm with $89.1 billion in assets under management* as of December 31, 2013. The firm sponsors investment programs across the risk/return spectrum for investors worldwide. CBRE Global Investors is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBG). It harnesses the research, investment sourcing and other resources of the world’s premier, full-service commercial real estate services and investment company for the benefit of its investors. CBRE Group, Inc. has approximately 44,000 employees in approximately 350 offices (excluding affiliates) worldwide.
*Assets under management (AUM) refers to fair market value of real estate-related assets with respect to which CBRE Global Investors provides, on a global basis, oversight, investment management services and other advice, and which generally consist of properties and real estate-related loans; securities portfolios; and investments in operating companies, joint ventures and in private real estate funds under its fund of funds program. This AUM is intended principally to reflect the extent of CBRE Global Investors’ presence in the global real estate market, and its calculation of AUM may differ from the calculations of other asset managers.