LaSalle appoints new Head of European Debt and Special Situations, and names Executive Chair

By Clara Dijkstra29 days ago

LaSalle Investment Management has hired Michael Zerda to head up its market-leading Debt & Special Situations platform and value-add equity strategies, spearheading higher return investment initiatives. Zerda will work closely with Amy Klein Aznar, who will transition to the role of Executive Chair of Debt & Special Situations later this year.

Later in the year Zerda will become the Head of Debt and Special Situations, overseeing its existing multi-strategy debt business of over 30 professionals, and spanning senior debt, mezzanine, and high yield strategies, as well as growing its special situations and value-add equity strategies. Zerda brings a 20-plus year track record of equity and debt investing in European real estate. He was most recently Head of Europe for Blackstones Real Estate Debt Strategies (BREDS).

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Amy Klein Aznar will become the Executive Chair of LaSalles Debt and Special Situations platform. In her new role, Aznar will remain closely involved in investment strategy and decision making, client relationships and communication, and will serve on the Debt and Special Situations Investment Committee. She will also continue to meaningfully co-invest in current and future investment vehicles. Aznars decision to move to the role of Executive Chair will reduce her day-to-day responsibilities and enable her to devote more time to her familys business interests.

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