This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

BlackRock Appoints Jack Chandler Head Of Real Estate

Stocks in this article: BLK

BlackRock, Inc. (NYSE:BLK) today announced that Jack Chandler will join the Company as Global Head of Real Estate. In this capacity, Mr. Chandler will oversee BlackRock’s global real estate capabilities which extend across the capital market structure and include both equity and debt investment products totaling approximately $13 billion in assets under management. Clients served include public, corporate and union pension plans, as well as insurance companies, foundations, endowments, private and high net worth investors.

Mr. Chandler will report to Matthew Botein, Head of BlackRock Alternative Investors (“BAI”). At year-end, BAI represented $109.7 billion of AUM and included the firm’s hedge funds, hedge funds of funds, real estate, private equity funds of funds, opportunistic investment vehicles, commodities and currencies.

“We’re delighted to be bringing an executive of Jack’s caliber to BlackRock,” commented Mr. Botein. “As we work to round-out the alternative offerings within BAI, Real Estate will be a central component of our product menu. Jack’s depth of experience and deep understanding of the global real estate markets will significantly accelerate our ability to offer clients best-in-class investment products.”

Most recently, Mr. Chandler served as Global Chief Investment Officer and Executive Chairman, Asia for LaSalle Investment Management. He first joined LaSalle in 1986 and after 14 years with the company in the United States, Mr. Chandler relocated to Singapore in 2000 to launch LaSalle’s Asia Pacific business. From a single, opportunistic closed end fund launched in 2001, that business now incorporates over $12 billion of investments in direct and listed real estate. He earned a BSc in Industrial Engineering (Summa Cum Laude) from the University of Massachusetts in 1981 and an MBA from Harvard Graduate School of Business in 1986.

Mr. Chandler succeeds Paul Audet, Senior Managing Director, who assumed interim leadership for BlackRock’s Real Estate business in 2008. Mr. Audet will transition to other executive responsibilities within BlackRock where he previously held the roles of Head of Cash Management, and before that, Chief Financial Officer.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,380.41 +263.17 1.63%
S&P 500 1,886.76 +24.00 1.29%
NASDAQ 4,258.4380 +41.0480 0.97%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs