March 02, 2022

LaSalle Investment Management Selects Technology Provider RealBlocks for $77B Global Business

NEW YORK–(BUSINESS WIRE)–RealBlocks, an alternative investments platform that enables global distribution capabilities for fund managers, announces that LaSalle Investment Management (“LaSalle”) has selected RealBlocks to cover the firm’s $77 billion global real estate business. RealBlocks will be used to handle investor onboarding, KYC/AML, and eSigning of documents to facilitate a seamless, digital experience for subscription into all of LaSalle’s institutional funds.

“RealBlocks is a game-changer in the real estate and alternatives space due to its ability to deliver an all-encompassing strategy that addresses the entire lifecycle of the investor onboarding process,” said Jodi Akers, Managing Director at LaSalle. “Partnering with RealBlocks to bring their technology solution to our private equity business to optimize our global investor onboarding aligns with our digital transformation goals of continuing to improve our client experience, and enhancing our operational efficiency. Additionally, we’ve been able to launch a large-scale, global Employee Co-Investment Program at LaSalle by leveraging this platform.”

“While alternative investments have traditionally been limited by high barriers to entry such as geographic limitations, high minimums, and illiquidity, we set out to address these issues by leveraging our technology to build a better alternative for our clients,” said Perrin Quarshie, CEO of RealBlocks. Read rest here