The fund is a $4.5-billion core, discretionary, diversified vehicle that Thomas helmed since 2002. Assets in the vehicle include office, industrial, retail, multifamily, self-storage and hotel properties in major real estate markets throughout the US.
Before taking on the new chores, Albertson was responsible for directing client and portfolio strategies in addition to his research duties. He sit on various committees within Morgan Stanley, including the investment, portfolio-assurance and investment-strategy groups. He was with Lend Lease and the California Public Employees' Retirement System before coming to Morgan.
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