Joe Gorin was named managing director and head of portfolio management and value-add investing in the U.S. real estate equity group at Barings, a new position.
Based in New York, Mr. Gorin joined the firm this week and reports to John Ockerbloom, head of U.S. real estate equity, confirmed spokesman Frank Pinto.
He will be responsible for "refining and implementing" the U.S. real estate portfolio's vision with a focus on value-added strategies, the release said.
Mr. Gorin was previously managing director and co-head of Goldman Sachs Asset Management's private equity real estate group, where his duties included co-managing the U.S. Real Property Income Fund, according to the news release.
Barings' U.S. real estate equity group has about $10 billion in assets under management. The overall firm as of Dec. 31 had $338 billion in assets under management.
Goldman Sachs spokesman Patrick Scanlan could not be immediately reached for further information.