LaSalle Investment Management has hired Michael Zerda to head up its debt and 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 and 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 more than 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 Blackstone’s Real Estate Debt Strategies (
