Blackstone Hires Jonathan Pollack for Real Estate Debt
ByBlackstone Group LP, the biggest real estate private equity firm, hired Jonathan Pollack from Deutsche Bank AG to be chief investment officer of its property-debt unit, which oversees almost $10 billion of investor capital.
Pollack had been global head of Deutsche Bank’s commercial real estate group, where Blackstone was one of his biggest clients. He left Germany’s largest lender last week after 16 years with the company.
At Blackstone, Pollack will report to Michael Nash, who is in charge of Blackstone Real Estate Debt Strategies, the New York-based company said in a statement Monday. The debt unit includes the publicly traded Blackstone Mortgage Trust Inc…