ADIA Hires New Global Real Estate Investment Head

Abu Dhabi, the residence of the world’s 3rd-premier sovereign wealth fund

One particular of the largest sovereign wealth resources in the earth has a new head of worldwide genuine estate investing.

On Monday, the Abu Dhabi Financial investment Authority named Drew Goldman as its world wide head of genuine estate investments. Goldman will depart Deutsche Lender AG, where by he was world head of investment banking protection and merger and acquisitions since 2019, Reuters claimed.

Deutsche Lender tapped its world wide co-head of mergers and acquisitions, Bruce Evans, to swap Goldman and oversee investment banking protection and advisory companies in the Americas, according to Reuters.

Goldman’s hire arrives following a string of departures in ADIA’s real estate shop in current yrs. In May well 2021, Gerald Fang, ADIA’s head of Americas authentic estate, resigned from the fund, a year following his predecessor, Tom Arnold, was elevated to global head of true estate. Arnold still left ADIA in 2020, as did previous head of Europe serious estate Pascal Duhamel and Anthony Bertoldi, who still left in 2020, PERE Information reported.

Through his tenure at Deutsche Lender, Goldman was credited with developing up the German lending giant’s international authentic estate, gaming, lodging and leisure expenditure banking company, which include helping Marriott International’s buyout of Starwood Motels and Resorts Around the world in 2016, in accordance to Reuters.