U.S. asset manager Nuveen bolstered its property capabilities with the hire of a new head of real estate transactions for Greater China.
David Chan joins Nuveen as its head of real state transactions for Greater China, according to a statement, effective October 11 this year.
Based in Hong Kong, Chan will be responsible for sourcing and managing related transactions while reporting to chief investment officer and head of funds management at Nuveen Real Estate APAC Louise Kavanagh.
Chan has more than 11 years of real estate private equity experience, most recently at Phoenix Property Investors where he was tasked with origination and execution of the firm’s real estate debt strategy. Perviously, he also worked for H.I.G. Capital in New York.
Nuveen Real Estate
Overall, Chicago-headquartered Nuveen has $1.2 trillion in assets under management worldwide, as of June this year.
Within its property arm, Nuveen Real Estate has $144 billion in assets under management across public and private investments, and spanning both debt and equity in different geographies and investment styles.
