US private equity giant Blackstone announced on Tuesday that Jonathan Pollack has joined the firm as a senior managing director in its real estate group.

US private equity giant Blackstone announced on Tuesday that Jonathan Pollack has joined the firm as a senior managing director in its real estate group.

Pollack, the former global head of commercial real estate at Deutsche Bank, will be the new chief investment officer for Blackstone Real Estate Debt Strategies (BREDS). He will report to Mike Nash, who continues as the global head of BREDS.

Pollack joined Deutsche Bank in 1999 from Nomura Bank. He holds a bachelor’s degree in Economics from Northwestern University.

'Our real estate debt business has grown dramatically in the past few years, in size, scope and geography,' commented Mike Nash. 'Today, we manage nearly $10 bn of investor capital through our publicly traded mortgage REIT (BXMT), our private mezzanine debt funds, and our CMBS investing platforms. Our recent purchase of mortgages from General Electric has scaled the business even further. Looking forward, Jonathan’s talents and experience will help accelerate and enhance our growth, as we become one of the pre-eminent real estate finance firms in the world.'