Border to Coast Pensions Partnership has launched a search for a new head of UK real estate following the departure of Alistair Smith.
Smith, who served as head of real estate and fund manager for nearly four years, stepped down after overseeing the recent expansion of the firm’s property platform and the launch of its UK real estate main fund.
He joined from Aberdeen Standard Investments, where he served as head of property investment management for the global real estate business following the merger of Aberdeen Asset Management and Standard Life Investments.
Throughout his 30-year career, Smith has held senior roles at Scottish Widows Investment Partnership and The Premier Property Group.
A Border to Coast spokesperson said: “Alistair Smith has left Border to Coast. Having joined us in 2022, Alistair played a key role in the launch of our three real estate propositions – UK real estate, global core and value-add, and building a strong team. We’re grateful for his contribution and wish him well in his future business ventures.”
Border to Coast said it is recruiting for the new head of UK real estate role to strengthen its UK Real Estate investment capability, including leadership of the UK main fund.
“The head of UK real estate will set and deliver the long-term strategy, ensure an effective target operating model across internal and external mandates, oversee portfolio construction and performance, and lead a high‑performing team to meet partner fund objectives,” the UK local government pension scheme pool added.
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