US private equity firm KKR has appointed Marcus Ralling as head of the firm’s European real estate portfolio as it seeks to build scale in the region.
US private equity firm KKR has appointed Marcus Ralling as head of the firm’s European real estate portfolio as it seeks to build scale in the region.
Prior to KKR, Ralling worked for Pramerica as managing director and head of UK and European asset management. He also worked as joint head of asset management at Threadneedle Property Investments.
Guillaume Cassou, head of European real estate at KKR, said: ‘I am delighted that Marcus is joining the team based in London. As we continue to build our real estate effort in Europe and scale our real estate portfolio, Marcus’s knowledge and experience in asset management will be of great value.’
Since launching a dedicated real estate platform in 2011, KKR has committed over $2.5 bn (€2.3 bn) to 50 real estate transactions in the US, Europe and Asia. The global real estate team consists of over 30 dedicated investment professionals.