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Authorized & Basic Funding Administration (LGIM) has employed Abrdn’s Neil Meikle to spice up its non-public property experience.
Meikle was beforehand international head of actual asset and personal credit score funding specialists at Abrdn.
He has been appointed to the newly-created function of head of actual property capital elevating at LGIM, in line with Citywire.
Learn extra: BlackRock hires international co-heads of actual property
“LGIM has a transparent intention to proceed to take its market-leading capabilities and sustained monitor document throughout the actual property sector to purchasers, globally,” an LGIM spokesperson informed Citywire.
“Neil can be reporting into our head of gross sales, Christy Lindsay; actively fundraising the platform’s present merchandise, supporting future actual property options and methods, and enjoying a key function within the enlargement of Authorized & Basic’s total non-public markets providing.”
Learn extra: Federated Hermes expands actual property group with new rent
LGIM has been clear about its plans to broaden its non-public property enterprise. In January, it submitted a regulatory utility to launch a personal property fund for outlined contribution pension buyers.
Learn extra: $500bn alternative for business actual property non-public debt
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