The firm cited growing demand for non-dilutive capital to help private equity funds create value later in their life cycle.
Michael Zerda, head of Blackstone Real Estate Debt Strategies in Europe, will take on Amy Klein Aznar’s role at LaSalle as she becomes executive chair of the debt and special situations business.
The alternatives giant had said in January it would focus more effort on governance and reputational risk.
Flag of Germany
The Paris-based firm believes German direct lending offers considerable opportunities.
The debt specialist will lead a new dedicated strategy to invest in real estate credit opportunities globally.
The appointment forms part of Tikehau’s push to build stronger relationship with investors across the MENA region.
In the new role, Kevin Lawi will work with leading private equity sponsors and corporates to target opportunities across the capital structure.
The large asset manager will assume management of a CLO fund that was launched by MeDirect and is planning other strategic moves in the asset class.
Vincent Gombault, a two-decade veteran of the firm, oversaw a strategy that has grown to account for around half of the investment giant's $103bn in AUM.
The hires follow a reorganisation of the business to focus on private credit origination.

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