Edouard Jozan will become head of Allianz Global Investors’ private markets division, according to a news release.
Jozan, currently head of distribution for Europe at Allianz GI, will assume his new role on June 1. He will also join the firm’s executive committee.
AllianzGI manages €98 billion ($107 billion) in private markets, including a global Infrastructure franchise covering both equity and debt as well as a private credit offering that covers both direct and indirect lending.
“Our private markets platform has grown significantly over the last decade, building a strong track record of delivering new and differentiated cash flows to our clients. That success has established the platform as a strategically important growth engine for our firm that now warrants dedicated representation at our executive committee,” said Tobias Pross, CEO of Allianz Global Investors, in the news release.
Jozan’s role is a newly created position at the firm.
Michael Krautzberger is also to become CIO of public markets and a member of the firm’s executive committee, according to a separate news release.
Krautzberger, currently global CIO of fixed income, will take on his additional responsibilities for AllianzGI’s €475 billion public markets platform from 1 June. The appointment is part of the succession plan for Deborah Zurkow, global head of investments, who will retire later this year.
As a result of Krautzberger’s broadening responsibilities, Jenny Zeng, currently CIO of fixed income for the Asia Pacific, will become CIO of fixed income from Jan. 1. She will also take on the additional role of deputy head of the fixed income platform with immediate effect.
In equities, Michael Heldmann will become CIO as of October, succeeding Virginie Maisonneuve who has decided to leave AllianzGI at the end of December. Heldmann will also become deputy CIO for equity with immediate effect alongside his existing responsibilities as CIO of systematic equity.
Headquartered in Munich, Germany, Allianz GI managed a total of €571 billion in assets as of 31 Dec.
