Tracy Jones was named head of fund operations and debt finance at real estate manager AEW, a spokeswoman confirmed.
Ms. Jones is responsible for European funds managed from the London office and a team of five professionals in charge of fund operations, financing and tax. She reports to Russell Jewell, head of private equity funds.
Ms. Jones replaces an executive who has left the firm. The spokeswoman declined to provide details.
"The creative and efficient structuring and financing of investments is a strong value driver for our pan-European funds and mandates. We are delighted to have Tracy on board as part of the senior leadership team to help further expand AEW's European business," Mr. Jewell said in a news release Monday.
AEW had €69.8 billion ($85.7 billion) in assets under management as of Dec. 31. The firm managed €34.6 billion in assets across its European business.
Ms. Jones was chief financial officer at private equity and venture capital firm Active Partners. A spokesman could not be reached to provide details of her replacement.