RREEF veteran joins CBRE Global Investors

Peggy DaSilva will be working as a managing director with the Los Angeles-based real estate investment management firm’s US separate accounts team.

CBRE Global Investors has recruited Peggy DaSilva as a managing director for its US managed accounts group. In her new role, DaSilva will serve as the portfolio manager for one of the Los Angeles-based investment firm’s the largest real estate separate accounts,  responsible for client relations, portfolio management, asset management, acquisitions and dispositions for an international sovereign wealth fund client.

DaSilva will be based in New York and report to Peter DiCorpo, the group’s president. She is replacing Kim Hourihan, who has been promoted to senior portfolio manager for one of the firm's funds.

DaSilva comes to CBRE Global Investors after less than two years at Rockefeller Group Investment Management (RGIM). At RGIM, she was a managing director of asset management, in charge of overseeing its asset management team and the group’s portfolio of real estate properties that are owned and managed through commingled funds, separate accounts and joint ventures. She had joined the firm in November 2011, just as Rockefeller was beginning to build out its global real estate investment management platform. “This was a good opportunity for me to join a real estate investment platform as it was beginning to invest and have the chance to help it grow into something larger,” she told PERE at the time.  

Prior to RGIM, DaSilva was a managing director at RREEF, the real estate investment management business of Deutsche Bank’s asset management business. For more than 13 years, she was part of the firm’s opportunity fund business, where she was the head of Americas asset management. Before Deutsche Bank acquired Bankers Trust, DaSilva worked in that bank’s real estate group and was responsible for acquisitions of debt positions and equity investments in the Americas. She also has held roles at Citicorp Securities, Chemical Bank and Bank of America.

CBRE Global Investors' US Managed Accounts Group currently has staff in Los Angeles; Boston; Atlanta; New York; Bellevue, Wash.; Newport Beach; and Dallas.