Gallistel and Glanzman Named Co-CEOs at CBRE Investment Management
People | Dec 05, 2024 | CBRE Group Inc
CBRE Group, Inc., a leading commercial real estate services and investment firm, has announced the appointment of Adam Gallistel and Andy Glanzman as Co-Chief Executive Officers of CBRE Investment Management. Gallistel, who joins from Singapore's sovereign wealth fund GIC where he led Americas Real Estate and Global Real Estate Credit, will assume his role on April 1, 2025. He is recognized for his expertise in real assets investments in growth sectors like data centers. Glanzman, who has served CBRE since 2010 and recently navigated market challenges as President, will focus on business strategy and daily operations. Both will co-chair the Executive Committee and report to CBRE's CEO, Bob Sulentic. This dual leadership aims to leverage their complementary skills for robust investment strategies and operational execution, aligning with CBRE's strategic emphasis on investment management growth.
Sectors
- Real Estate
- Investment Management
Geography
- United States – CBRE Group, Inc. is headquartered in Dallas and operates extensively across the US, with significant roles in the announcement concerning US-based leadership in investment management.
- Singapore – Adam Gallistel is joining CBRE from Singapore's sovereign wealth fund GIC, marking a connection between CBRE's US operations and Singapore's financial sector.
Industry
- Real Estate – The appointment of Co-CEOs at CBRE Investment Management highlights the company's focus on real estate investment and strategy within the real estate sector.
- Investment Management – CBRE's strategic emphasis on enhancing its investment management business is underscored by the leadership appointments, focusing on investment strategies and operational management in this sector.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| CBRE Group Inc. | Private Equity Company | Company | A global leader in commercial real estate services and investment, operating across more than 100 countries. |
| Adam Gallistel | Co-Chief Executive Officer and Chief Investment Officer | Person | Appointed Co-CEO of CBRE Investment Management, joining from GIC, responsible for investment strategy and performance. |
| Andy Glanzman | Co-Chief Executive Officer and President | Person | Appointed Co-CEO of CBRE Investment Management, overseeing business strategy and operations. |
| GIC | Former Employer of Adam Gallistel | Company | Singapore's sovereign wealth fund, where Gallistel was Head of Americas Real Estate and Global Real Estate Credit. |
| Bob Sulentic | Chair and Chief Executive Officer of CBRE | Person | CEO of CBRE Group, responsible for overseeing corporate strategy. |