As a means of expanding its North American investments and operations, Grosvenor Fund Management has hired William Donohue as managing director and head of asset management, a newly created post.
According to the London-based real estate firm, Donohue will be responsible for US real estate assets managed by Grosvenor, with a focus on the firm’s fund products. He will work out of the Philadelphia office and report directly to Alexia Gottschalch, co-chief executive officer of Grosvenor’s US operations.
“Bill Donohue will strengthen Grosvenor’s asset management team as we expand North American investments and operations, creating value for our investors and shareholders,” said Gottschalch in a statement.
Prior to joining Grosvenor, Donohue served as director at the Stamford, Connecticut-based private equity real estate firm Building and Land Technology. Before that, he held positions with Cheswold Real Estate Capital, Alvarez & Marsal, Gemini Realty Advisors and Coopers & Lybrand, all in the greater New York area.
Separately, Robert Kilroy has been named managing director and head of separate accounts at Grosvenor. In this new role, Kilroy will be responsible for oversight of Grosvenor’s existing single-client accounts and development of new separate accounts.
Andrew Galbraith, co-CEO of US operations, said in a statement: “Rob Kilroy’s new focus on separate accounts will enable us to strengthen this important aspect of our business, creating custom investment vehicles to complement our various fund products.”
Kilroy initially joined Grosvenor in 2009 as managing director and chief portfolio manager. Prior to that, he held positions with Prudential Real Estate Investors, Summit Properties and LCOR.