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TED ELIOPOULUS JOINS PROLOGIS AS SENIOR PRIVATE INVESTMENT EXECUTIVE

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Prologis (NYSE:PLD), the global leader in logistics real estate, has announced the appointment of Ted Eliopoulos as managing director of Strategic Capital. Eliopoulos, a seasoned investment management executive, will work alongside Karsten Kallevig, global head of Strategic Capital, to grow Prologis' private investment business. Both will report to Dan Letter, Prologis' global president.

Eliopoulos brings extensive experience from his roles at Calvert Research and Management, Morgan Stanley Investment Management, and CalPERS. His appointment is expected to contribute significantly to Prologis' growth trajectory, particularly in its Strategic Capital business. Eliopoulos expressed enthusiasm about focusing on logistics real estate and leveraging Prologis' unique market advantages.

Prologis (NYSE:PLD), leader globale nel settore immobiliare logistico, ha annunciato la nomina di Ted Eliopoulos come direttore managing di Capitali Strategici. Eliopoulos, un esperto dirigente nella gestione degli investimenti, lavorerà insieme a Karsten Kallevig, responsabile globale dei Capitali Strategici, per far crescere il business degli investimenti privati di Prologis. Entrambi riporteranno a Dan Letter, presidente globale di Prologis.

Eliopoulos porta con sé una vasta esperienza derivante dai suoi ruoli presso Calvert Research and Management, Morgan Stanley Investment Management e CalPERS. La sua nomina è attesa per contribuire in modo significativo alla traiettoria di crescita di Prologis, in particolare nel settore dei Capitali Strategici. Eliopoulos ha espresso entusiasmo riguardo alla focalizzazione sul settore immobiliare logistico e all'opportunità di sfruttare i vantaggi unici di mercato di Prologis.

Prologis (NYSE:PLD), el líder global en bienes raíces logísticos, ha anunciado el nombramiento de Ted Eliopoulos como director gerente de Capital Estratégico. Eliopoulos, un experimentado ejecutivo en gestión de inversiones, trabajará junto a Karsten Kallevig, líder global de Capital Estratégico, para hacer crecer el negocio de inversiones privadas de Prologis. Ambos reportarán a Dan Letter, presidente global de Prologis.

Eliopoulos trae una amplia experiencia de sus roles en Calvert Research and Management, Morgan Stanley Investment Management, y CalPERS. Se espera que su nombramiento contribuya de manera significativa a la trayectoria de crecimiento de Prologis, especialmente en su negocio de Capital Estratégico. Eliopoulos expresó entusiasmo por centrarse en el sector inmobiliario logístico y aprovechar las ventajas únicas del mercado de Prologis.

프로로지스 (NYSE:PLD), 물류 부동산 분야의 글로벌 리더가 Ted Eliopoulos를 전략 자본의 관리 이사로 임명했다고 발표했습니다. Eliopoulos는 경험이 풍부한 투자 관리 임원으로, 프로로지스의 사모 투자 사업을 성장시키기 위해 전략 자본의 글로벌 책임자인 Karsten Kallevig와 함께 일할 예정입니다. 두 사람 모두 프로로지스의 글로벌 사장인 Dan Letter에게 보고합니다.

Eliopoulos는 Calvert Research and Management, Morgan Stanley Investment Management 및 CalPERS에서의 역할로부터 풍부한 경험을 가지고 있습니다. 그의 임명은 특히 전략 자본 사업에서 프로로지스의 성장 경로에 중요한 기여를 할 것으로 예상됩니다. Eliopoulos는 물류 부동산에 집중하고 프로로지스의 독특한 시장 이점을 활용하는 것에 대한 열정을 표현했습니다.

Prologis (NYSE:PLD), le leader mondial de l'immobilier logistique, a annoncé la nomination de Ted Eliopoulos en tant que directeur général des capitaux stratégiques. Eliopoulos, un cadre expérimenté en gestion d'investissements, travaillera aux côtés de Karsten Kallevig, responsable mondial des capitaux stratégiques, pour développer l'activité d'investissement privé de Prologis. Tous deux rendront compte à Dan Letter, président mondial de Prologis.

Eliopoulos apporte une vaste expérience de ses rôles chez Calvert Research and Management, Morgan Stanley Investment Management et CalPERS. On s'attend à ce que sa nomination contribue de manière significative à la trajectoire de croissance de Prologis, en particulier dans son activité de capitaux stratégiques. Eliopoulos a exprimé son enthousiasme à se concentrer sur l'immobilier logistique et à tirer parti des avantages uniques du marché de Prologis.

Prologis (NYSE:PLD), der globale Marktführer im Bereich Logistikimmobilien, hat die Ernennung von Ted Eliopoulos zum Geschäftsführer für Strategisches Kapital bekannt gegeben. Eliopoulos, ein erfahrener Führungskraft im Investmentmanagement, wird zusammen mit Karsten Kallevig, dem globalen Leiter des Strategischen Kapitals, daran arbeiten, das private Anlagegeschäft von Prologis auszubauen. Beide berichten an Dan Letter, den globalen Präsidenten von Prologis.

Eliopoulos bringt umfangreiche Erfahrungen aus seinen Positionen bei Calvert Research and Management, Morgan Stanley Investment Management und CalPERS mit. Seiner Ernennung wird eine bedeutende Rolle bei der Wachstumsstrategie von Prologis, insbesondere im Bereich Strategisches Kapital, zugeschrieben. Eliopoulos äußerte seine Begeisterung dafür, sich auf Logistikimmobilien zu konzentrieren und die einzigartigen Marktchancen von Prologis zu nutzen.

Positive
  • Appointment of experienced investment management executive Ted Eliopoulos as managing director of Strategic Capital
  • Potential for growth in Prologis' private investment business
  • Eliopoulos brings expertise from leadership roles at major financial institutions
Negative
  • None.

SAN FRANCISCO, Aug. 19, 2024 /PRNewswire/ -- Prologis, Inc. (NYSE:PLD), the global leader in logistics real estate, today announced that Ted Eliopoulos is joining the company as managing director, Strategic Capital. A seasoned and respected investment management executive, Eliopoulos will help Prologis continue to grow its private investment business, bringing years of experience and deep expertise. Eliopoulos will work closely with Karsten Kallevig, global head of Strategic Capital. Both leaders will report to Dan Letter, Prologis' global president.

"Ted brings a tremendous amount of experience and unique insight to this new role," said Hamid R. Moghadam, chief executive officer and co-founder of Prologis. "Our Strategic Capital business is a significant part of our growth trajectory, and we look forward to tapping into his expertise to help us meet our ambitious goals."

Most recently, Eliopoulos was managing director and senior advisor of Calvert Research and Management, having previously served as Calvert's CEO and president. Previously, Eliopoulos served as the vice chairman & head of Strategic Partnerships at Morgan Stanley Investment Management (MSIM) from 2019-2022.

"The majority of my professional career has centered around real assets and I'm thrilled to focus all of my attention on the global leader in logistics real estate," said Eliopoulos. "Prologis offers unique advantages in the marketplace. The growth potential into the future is tremendous as we continue to deepen existing relationships and forge new global partnerships."

Prior to joining Morgan Stanley, Eliopoulos served as the chief investment officer of the California Public Employees' Retirement System (CalPERS) from 2014 - 2018. Before becoming CIO, from 2007 - 2014, he was CalPERS' Senior Investment Officer of Real Estate and then Real Assets. From 2002 to 2006, he served as the chief deputy treasurer and deputy treasurer at the California State Treasurer's Office.

Eliopoulos' past and current board affiliations include the U.S. Real Estate Roundtable and the Pensions Real Estate Association (Board Chair 2012-2014), and the Sustainability Accounting Standard's Board's Investor Advisory Group, as well as the Alliance for Southern California Innovation Advisory Council. Eliopoulos currently serves on the Board of the Robert Toigo Foundation and the Pacific Pension Institute.

Eliopoulos received his bachelor's degree, magna cum laude, with honors from Dartmouth College and holds a juris doctor degree from the University of Virginia.

About Prologis Strategic Capital

Prologis' Strategic Capital business is an integral line of business for the company, with $87.8 billion* in assets under management. The company's Strategic Capital business consistently demonstrates strong and sustained revenue growth. 

Prologis Strategic Capital offers institutional investors a unique opportunity to invest with the company. Benefitting from the scale and scope of the Prologis platform, each of the company's ten funds focus on delivering industry-leading, risk-adjusted returns along with a superior investor experience. Prologis' investment vehicles have specific geographic and risk profiles, targeting logistics real estate in high-consumption and high-barrier-to-entry markets. 

Prologis is a material investor in all its Strategic Capital funds, with co-investment levels ranging from 15 percent to 55 percent. As a general partner, the company provides investors security through its durable A-rated balance sheet, best-in-class global portfolio and customer-centric focus.

* Data as of March 31, 2024. AUM is the fair value of real estate properties and development projects in the Strategic Capital business and includes our estimate of the gross value of real estate that could be acquired using existing equity commitments from Prologis and our partners assuming target leverage levels are used. Assets Under Management: Representing 41% of Prologis' total AUM.

ABOUT PROLOGIS

Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. At June 30, 2024, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 1.2 billion square feet (115 million square meters) in 19 countries. Prologis leases modern logistics facilities to a diverse base of approximately 6,700 customers principally across two major categories: business-to-business and retail/online fulfillment.

 

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SOURCE Prologis, Inc.

FAQ

What is Ted Eliopoulos' new role at Prologis (PLD)?

Ted Eliopoulos has joined Prologis (PLD) as managing director of Strategic Capital, focusing on growing the company's private investment business.

Who will Ted Eliopoulos report to at Prologis (PLD)?

Ted Eliopoulos will report to Dan Letter, Prologis' global president, along with Karsten Kallevig, global head of Strategic Capital.

What was Ted Eliopoulos' most recent position before joining Prologis (PLD)?

Before joining Prologis, Ted Eliopoulos was managing director and senior advisor of Calvert Research and Management, having previously served as its CEO and president.

What is the significance of Ted Eliopoulos joining Prologis (PLD) for the company's growth?

Ted Eliopoulos' appointment is expected to contribute significantly to Prologis' growth trajectory, particularly in its Strategic Capital business, leveraging his extensive experience in investment management.

PROLOGIS, INC.

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