Aetos hires senior capital raiser

Lisa Amzallag, who built the real estate program for Columbia University’s endowment, has joined Aetos Capital Real Estate.

Aetos Capital Real Estate (ACRE) has hired Lisa Amzallag as managing director to oversee business development, capital raising and investor relations, the firm said Monday.

Amzallag joined the Asia-focused private equity real estate firm in this newly created role on Monday. She spent the last four years at LBA Advisors, a New York-based real estate and private assets advisory firm, according to her LinkedIn profile. Prior to that, she worked as a managing director at Asia Pacific Land Group for two years and also spent 17 years at Columbia University’s endowment, where she built a global real estate program and co-managed the private assets portfolio, covering private equity, venture capital and real assets, according to a statement from ACRE.

“We are fortunate to have someone of Lisa’s caliber join the firm,” said Scott Kelley, ACRE’s founder, in a statement Monday. “She brings significant experience and deep relationships throughout the institutional investing community and will be a strong member of the ACRE team.”

ACRE, founded in 2001, has purchased more than $10 billion of real estate in its core Asian markets, primarily Japan and China, according to a spokeswoman.

The firm’s most recent publicly-disclosed transaction was the sale of its stake in Simplex Investment Advisors Group to Japanese real estate operator Hulic in November for an undisclosed price, according to ACRE’s website.