BlackRock Appoints Jack Chandler Head of Real Estate (BLK)

BlackRock BLK today announced that Jack Chandler will join the Company as Global Head of Real Estate. In this capacity, Mr. Chandler will oversee BlackRock's global real estate capabilities which extend across the capital market structure and include both equity and debt investment products totaling approximately $13 billion in assets under management. Clients served include public, corporate and union pension plans, as well as insurance companies, foundations, endowments, private and high net worth investors. Mr. Chandler will report to Matthew Botein, Head of BlackRock Alternative Investors. At year-end, BAI represented $109.7 billion of AUM and included the firm's hedge funds, hedge funds of funds, real estate, private equity funds of funds, opportunistic investment vehicles, commodities and currencies.