Goldman Sachs recruits Head of ESG Real Estate for Europe, Asia

10/23/2021

The asset management arm of Goldman Sachs have poached Marit van Rheenen from JLL into a newly created sustainability position. Ms. van Rheenen will be based in London and focus on ESG in European and Asian real estate investing.

Goldman Sachs have reinfored their ESG credentials in Europe and Asia with a new hire
Goldman Sachs have reinfored their ESG credentials in Europe and Asia with a new hire

October 23, 2021 -- Goldman Sachs Group Inc.'s asset management arm has announced the hire of Marit van Rheenen from Jones Lang LaSalle Inc. in a newly created role leading the firm's ESG efforts for real estate in Europe and Asia.

Van Rheenen joined Goldman Sachs Asset Management last month in its London office, a spokesman for the firm confirmed. 

Ms. Van Rheenen joins GSAM
Ms. Van Rheenen joins GSAM

Ms. Van Rheenen's appointment is the latest sign of the growing demand among financial firms for executives with expertise in helping businesses ensure they are run in a sustainable fashion and are compliant with regulation. 

Asset managers are currently facing greater regulatory scrutiny for how they label and promote products backed by environmental, social and governance criteria, while also trying to tap into growing investor demand for these strategies.

"Sustainability is an increasingly central consideration in all our real estate investing," 

Tavis Cannell, co-head of EMEA Real Estate at Goldman Sachs Asset Management, said in a statement announcing the hire.

Prior to joining Goldman, van Rheenen was a Director in JLL's London office where she advised on the development and implementation of the property broker's ESG strategy. Prior to that, she worked at European real estate firm EDGE Technologies where she was also responsible for managing a Dutch office portfolio that EDGE owned in a joint venture with Goldman.

About Goldman Sachs Asset Management

Bringing together traditional and alternative investments, Goldman Sachs Asset Management provides clients around the world with a dedicated partnership and focus on long-term performance. As the primary investing area within Goldman Sachs (NYSE: GS), we deliver investment and advisory services for the world's leading institutions, financial advisors and individuals, drawing from our deeply connected global network and tailored expert insights, across every region and market-overseeing more than $2 trillion in assets under supervision worldwide as of June 30, 2021. Driven by a passion for our clients' performance, we seek to build long-term relationships based on conviction, sustainable outcomes, and shared success over time. 

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