LaSalle Investment Management Appoints Marcus Day to Lead $10 Billion Global Solutions Platform

CHICAGO — LaSalle Investment Management announced Oct. 13 that it has appointed Marcus Day as Head of LaSalle Global Solutions, the firm's $10 billion private indirect investment platform. Day joins LaSalle on Oct. 13, 2026, and will take over leadership of the platform on Jan. 1, 2027, following a period of transition.

From that date, Day will join LaSalle's Global Management Committee and report to Brad Gries, CEO of LaSalle. Day most recently served as a founding member and Co-Head of Brookfield's real estate secondaries platform.

Marcus Day's Mandate at LaSalle Global Solutions

Day will oversee the evolution and growth of LaSalle's private indirect investment platform, which includes multimanager, fund-of-funds, joint venture and co-investment, and secondaries strategies. LaSalle said the role is intended to ensure the firm brings its full capabilities to the benefit of its clients.

The platform will continue to draw on the combined global reach, research capabilities and market intelligence of LaSalle and JLL, which the firm said is designed to provide an information advantage for indirect investors. LaSalle is a subsidiary of JLL.

Day's Background in Real Estate Secondaries

Day brings more than two decades of real estate investment, portfolio management and leadership experience. At Brookfield, he helped build and scale the real estate secondaries business, shaped its global investment and fundraising strategy, and led investment activity across the Americas and Asia Pacific.

Previously, he was Head of Acquisitions Americas for Partners Group's real estate secondaries business, where he led the firm's Americas investment team. Earlier in his career, he held senior real estate investment roles at UBS, Camden Securities and Winten Property Group. Day holds Bachelor of Commerce and Bachelor of Laws degrees from the University of New South Wales.

Leadership Structure: Global Solutions and LaSalle Securities

LaSalle Securities, the firm's public securities business, will continue to be led by Lisa Kaufman. Kaufman remains a member of the Global Management Committee, reporting to Gries, and will focus on growing LaSalle Securities through new product and business development.

The structure gives each business a dedicated growth mandate under Gries. Based on the figures LaSalle disclosed, Global Solutions represents roughly 12% of the firm's $86.8 billion in global assets under management across private and public real estate equity and debt as of the first quarter of 2026.

Executive Comments

"Marcus helped build and scale a global investment platform, has deep sponsor and investor relationships, and has led investing across the Americas and Asia Pacific," Gries said. "He brings the experience LaSalle Global Solutions needs and will work with our teams to serve our clients and grow the business, fully leveraging the deep market intelligence and global footprint of both the LaSalle and JLL networks." Gries added that LaSalle Securities "is seeing meaningful growth today" and that he looks forward to "unlocking the tremendous opportunity ahead with Lisa focused on growing and scaling this part of the business."

Day said LaSalle "has invested indirectly in real estate for decades, and has the manager and operating partner network, client relationships and investment expertise to grow LaSalle Global Solutions." He added: "In indirect investing, having access to JLL and LaSalle's global research capabilities, localized market intelligence and massive transaction flow creates a distinct information advantage. This platform strength allows us to underwrite risk more effectively and source unique opportunities globally. The market opportunity ahead in indirect investing and liquidity solutions is a significant one, and I'm looking forward to working with the team and our clients on the next phase of growth."

Market Context: Why Secondaries Matter Now

The appointment comes as institutional real estate investors seek liquidity, diversification and access to private-market opportunities in a property market that is still repricing. Private real estate remains shaped by a gap between sellers' valuation expectations and buyers' financing and return requirements, which can make direct asset sales difficult while creating demand for portfolio transactions, recapitalizations, fund restructurings and secondary-market solutions.

For institutional investors, secondaries can provide liquidity for limited partners facing allocation, cash-flow or denominator-management pressures; access to seasoned portfolios at potentially more transparent pricing than newly formed funds; and flexible exposure through co-investments and joint ventures rather than only blind-pool commitments. In that environment, indirect investors need manager-level underwriting, asset-level data and local market knowledge to evaluate portfolios whose reported values may lag current transaction pricing.

LaSalle's Broader Business

LaSalle manages US$86.8 billion of assets in private and public real estate equity and debt investments as of the first quarter of 2026. Its client base includes public and private pension funds, insurance companies, governments, corporations, endowments and private individuals. The firm sponsors separate accounts, open- and closed-end funds, public securities and entity-level investments. A separate industry profile reported more than $88.4 billion of assets under management and more than 835 employees as of June 30, 2026; the differing dates and measurement bases mean the figures are not directly comparable.

LaSalle's Global Solutions offering includes bespoke co-investments, joint ventures, fund-of-funds mandates and a commingled vehicle combining those capabilities. The firm also manages more than $30 billion through custom accounts globally. LaSalle recently secured more than £300 million in additional capital from a local-authority pension-fund client, taking that client's UK portfolios to approximately £1 billion once fully deployed; since early 2024, LaSalle has completed seven sales and three acquisitions for the mandate.

Outlook

Day's remit covers both primary indirect exposure and transactions involving existing portfolios or fund interests. Developments to watch after he assumes control in January 2027 include whether LaSalle announces new fundraising, secondary transactions or co-investment vehicles, and whether the platform's activity extends to larger portfolio acquisitions, GP-led transactions or continuation vehicles.

Sources

• LaSalle Investment Management: LaSalle appoints Marcus Day as Head of LaSalle Global Solutions (Oct. 13, 2026)