April 18, 2016 (New York, NY) – J.P.Morgan Asset Management – Global Real Assets today announced the addition of Managing Director and Client Portfolio Manager George Ahl. Mr. Ahl will be responsible for raising capital and advising clients for the firm’s Real Estate Americas investment platform, which has more than $60 billion in gross assets under management and 220 professionals. This is a new position based in New York reporting to Alexia Gottschalch, Managing Director, Head of Business Development and Client Strategy for Real Estate Americas at J.P.Morgan Asset Management – Global Real Assets.
"George is an accomplished real estate professional with a 20-year track record of advising clients on how to leverage U.S. real estate to help achieve capital and strategic objectives in their portfolios," said Ms. Gottschalch. "His solid understanding of the U.S. real estate market and longstanding relationships with institutional investors will further enhance our client strategy team and overall client experience."
Mr. Ahl joins J.P.Morgan Asset Management – Global Real Assets from Forum Partners where he was a Managing Director responsible for capitalizing global real estate investment strategies and establishing sector-focused, entity-level investment platforms in the U.S. Prior to Forum Partners, he spent more than 16 years as a Founding Principal at M3 Capital Partners with capital raising responsibilities. Mr. Ahl also worked at Crimson Capital, LaSalle Partners and Merrill Lynch Capital Markets.
"George’s experience and comprehensive skill set allows him to clearly identify and outline opportunities for clients, and also prepare them for the challenges of global real estate markets," said Doug Doughty, Global Head of Business Development for J.P. Morgan Asset Management – Global Real Assets. "We’re pleased to welcome him to the Real Estate Americas team as we continue to capitalize on our momentum this year."
Real Estate Americas is part of J.P.Morgan Asset Management – Global Real Assets, a real assets investment platform founded in 1970 with over $88 billion in assets under management, more than 400 professionals and leadership positions in real estate, infrastructure and maritime investing across the Americas, Europe and Asia Pacific. Real Estate Americas is a leader in core, core-plus, value add and opportunistic U.S. real estate equity investing for both U.S. and non-U.S. institutions, as well as an innovator in incorporating direct real estate investments in defined contribution solutions. Among its fund line-up is the industry’s largest U.S. core real estate commingled fund, JPMCB Strategic Property Fund, with $28.7 billion in net asset value.
According to an impact assessment by The Harvard Joint Center on Housing Studies, JPMorgan Chase’s 2014, $33 million PRO Neighborhood pilot program focused on disadvantaged neighborhoods allowed 26 CDFIs to raise more than $226 million, seven times the original amount, in additional capital for local economic and social service projects. This has resulted in $100 million in loans, financing first-time home purchases, the preservation and development of over 2,000 units of affordable housing, lending to over 130 small businesses and creating and retaining 2,650 jobs.
About J.P.Morgan Asset Management – Global Real Assets
J.P.Morgan Asset Management – Global Real Assets has more than $88 billion in assets under management and more than 400 professionals in the U.S., Europe and Asia Pacific, as of December 31, 2016. With a 45-year history of successful investing, J.P.Morgan Asset Management – Global Real Assets’ broad capabilities provide many of the world’s most sophisticated investors with a global platform of real estate, infrastructure and transportation strategies driven by local investment talent with disciplined investment processes consistently implemented across asset types and regions. The Global Real Assets team is part of J.P.Morgan Asset Management's Alternatives Investments business, which collectively manages over $120 billion in client assets across real assets, hedge funds, credit and private equity. For more information please visit jpmorgan.com/institutional/global_real_assets.
About J.P.Morgan Asset Management
J.P.Morgan Asset Management, with assets under management of $1.7 trillion, is a global leader in investment management. J.P.Morgan Asset Management’s clients include institutions, retail investors and high net worth individuals in every major market throughout the world. J.P.Morgan Asset Management offers global investment management in equities, fixed income, real estate, hedge funds, private equity and liquidity. JPMorgan Chase & Co. (NYSE: JPM), the parent company of J.P.Morgan Asset Management, is a leading global asset management firm with assets of approximately $2.4 trillion and operations in more than 60 countries. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
J.P.Morgan Asset Management is the marketing name for the asset management businesses of JPMorgan Chase & Co. and its affiliates worldwide.