Jennifer Perkins was named managing director, defined contribution portfolio manager, at real estate money manager LaSalle Investment Management.
The position is new, said spokesman Scott Sutton. Ms. Perkins will lead LaSalle's new initiative to offer a daily valued, private real estate investment strategy for the defined contribution plan market.
Based in Chicago, she will report to Alok Gaur, global head of investor relations.
Ms. Perkins was previously senior director of defined contribution real estate solutions at Principal Real Estate Investors.
Principal spokesman Phillip Nicolino said the firm is actively seeking a replacement for Ms. Perkins in a similar role.
LaSalle Investment Management has about $71 billion in assets under management.