Metropolitan Real Estate Equity Managers has appointed John So to expand its presence in Asia, PERE has learned.
So joins the New York-based real estate fund of funds management business, which has approximately $2 billion of assets under management, in August.
Founded in 2002 by managing directors David Sherman, Robert Burke and David Nasaw, Metropolitan has since gone on to raise 12 fund of funds with various strategies for the US and globally, its most recent efforts to close coming in 2008.
The firm is currently in the market raising Metropolitan Real Estate Partners VII, for which it has already closed on $33 million, according to PERE’s Capital Watch. Its investors include institutions and high net worth individuals.
So will be made managing director for Asia and is expected to lead the firm’s offering in the region.
He joined Grosvenor in 2000 from Jardine Fleming Securities and has been a director of the Grosvenor Asia board with a stint as a Director of the Grosvenor Fund Management board from 2003 to 2007.
At Grosvenor, So was responsible for investments and fund management in Hong Kong, Japan and Singapore, with a more recent focus on Greater China investment.
Read more about Metropolitan's plans in Asia in our forthcoming coverage.