Tareck Safi was named managing director and head of real estate debt in Europe at H.I.G. Realty Partners, a spokeswoman said.
The position is new. "(Mr. Safi) is a very experienced and successful real estate debt investor who brings a wealth of real estate knowledge and experience. Under his leadership, we will continue expanding our real estate debt platform across Europe," said Riccardo Dallolio, managing director and head of Europe, in a news release.
Mr. Safi was head of commercial real estate debt investments for Europe, the Middle East and Africa at Pacific Investment Management Co., focusing on private transactions. Details of his replacement were not available.
H.I.G has $30 billion of real estate equity capital under management.