BlackRock hires from Principal to start Reits team
Alastair Gillespie has joined the US fund house as chief investment officer of Asia-Pacific real estate securities with a mandate to hire.
Having launched a global real estate securities investment platform last year, US asset manager BlackRock is expanding that capability to Asia-Pacific, starting with the hire of Alastair Gillespie.
He joins from Principal Global Investors as chief investment officer of Asia-Pacific real estate securities with immediate effect, with a mandate to build a team. A spokesman says the firm expects to announce another hire in Asia "in due course".
Gillespie will work with BlackRock’s g…
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