GUGGENHEIM Partners, the US asset management giant, yesterday named its first head of real estate and infrastructure investment in Europe, amid a growing push by US investors into alternative investments.
The company, which manages $190bn (£116bn) of assets, has appointed former Heron International deputy chief executive Jonathan Goldstein to help source investments across Europe and lead a push into so-called real assets such as buildings, roads and railways.
“Jonathan joins us to expand the scale of our European investing, in keeping with our mandate to source and originate above-market real-estate and infrastructure investment opportunities for our clients,” real estate boss Henry Silverman said.
Goldstein, previously chief executive of law firm Olswang before joining Heron, said he would build a “substantial presence” in UK real estate.
Guggenheim follows similar moves by firms like Blackstone into the UK property market.