LaSalle Investment Management has appointed Stuart Sziklas as head of U.S. custom accounts, effective Sept. 3, the firm said on Aug. 22.
Sziklas will be based in LaSalle’s global headquarters in Chicago, report to Americas CEO Jason Kern and join the Americas Advisory Board, as well as the Americas Investment Committee.
His appointment coincides with the transition of Karen Brennan to CEO of LaSalle’s European business.
In his new role, Sziklas will lead the team of portfolio managers for LaSalle’s U.S. custom accounts clients and will be responsible for actively managing portfolios of office, retail, multifamily and industrial investments located throughout the United States.
Custom accounts is LaSalle’s U.S. separate account business, with approximately $10 billion of assets under management, according to the firm. Each program is tailored by property type, geography, target returns, use of leverage, risk profile and liquidity needs.
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