LaSalle appoints new head of value-add investments signaling expansion and growth of the platform

LaSalle Investment Management has appointed Blake Loveless as head of value-add investments, marking a significant milestone in the continued growth and expansion of its value-add business in Europe.

Based in London, Loveless will help spearhead LaSalle’s re-entry into value-add equity and special-situations investment strategies, following the first and highly successful special-situations fund. LaSalle is targeting upwards of €1 billion ($tk billion) of equity for a follow-on fund and anticipates a first close during the first half of 2022. The strategy will invest throughout Europe and across the capital structure, working with operating partners and sponsors. The team is currently investing more than €1.2 billion ($tk billion) of dry powder in value-add opportunities on behalf of institutional clients.

LaSalle’s Debt & Value-Add Investments platform has a strong track record of developing strategic relationships with best-in-class partners and has s