David Morrison was named executive director and head of U.S. investment strategy and research for Morgan Stanley Real Estate's U.S. investing business, confirmed spokeswoman Alyson D'Ambrisi. He will report to Dave Hardman, managing director and U.S. head of real estate investing. Mr. Morrison replaces Mark Albertson, who became executive director and head of $6.5 billion Prime Property Fund; Mr. Albertson replaced Joe Thomas, who left in January. Previously, Mr. Morrison was managing director of institutional real estate portfolio management for TIAA-CREF Asset Management and lead portfolio manager for TIAA-CREF's Core Property Fund. Jennifer Compton, TIAA-CREF spokeswoman, said no replacement had been selected for Mr. Morrison.
Bonnie G. George joined alternative asset manager Gerken Capital Associates as director of marketing and sales, according to a statement from the company. Greg Madding, Gerken's COO, did not return a call seeking information about her predecessor. Ms. George had been COO at West Highland Capital. Information about Ms. George's replacement at West Highland could not be learned by press time.
Geoff Mellor will become CEO of the Coal Pension Trustees Services, Sheffield, England, which manages about £25 billion ($46.8 billion) for four U.K. pension schemes, current CEO David Morgan said. Mr. Mellor will start on May 1 and will replace Mr. Morgan when he retires in summer 2007. Mr. Mellor is pensions director for the £1.2 billion Whitbread PLC Group Pension Fund, Luton, England. Mark Young, Whitbread pensions technical manager, said the company is looking for a replacement but declined to provide further details. CPT manages assets of the £13 billion Mineworkers' Pension Scheme, the £11.9 billion British Coal Staff Superannuation Scheme, the £227 million Industry Wide Mineworkers' Pension Scheme and the £194 million Industry Wide Coal Staff Superannuation Scheme.