LaSalle Investment Management has been named global firm of the year in the 2008 PERE Awards.
The Chicago-based firm, led by chief executive Jeff Jacobson, fought off tough competition from The Blackstone Group, The Carlyle Group, Lone Star Funds and MGPA to clinch the prestigious award. Last year, the title went to Blackstone.
LaSalle’s activities in Asia in 2008, including the closing of its $3 billion LaSalle Asia Opportunity Fund III, helped the firm win the eye of PERE readers, more than 10,000 of whom voted in this year’s contest.
The awards are the only private equity real estate awards nominated and then voted on by the industry itself.
Among the winning firms and individuals to join LaSalle, were Richard Saltzman, president of Colony Capital, who took home the North American industry figure of the year title; AREA Property Partners, which won the North American firm of the year award and MGPA’s Fund III, which clinched the award for global fundraise of the year.
MGPA also won a raft of awards in the Asia category, taking home the title of Asian firm of the year as well as winning the award for Asian fundraise of the year, for its $3.9 billion MGPA Asia Fund III. MGPA’s chief executive officer in Asia, Simon Treacy, also snapped up the award for Asian industry figure of the year.
In Europe, Citi Property Investors won European firm of the year, with the firm’s president and chief executive officer Roger Orf being awarded the title of European industry figure of the year.