Pritesh Patel was named head of Americas in the real estate department at Abu Dhabi Investment Authority, a source close to the fund confirmed.
Mr. Patel will start at the sovereign wealth fund, which has about $829 billion in assets, in the summer. ADIA's allocation to real estate is between 5% and 10% of its total portfolio, according to its website.
"ADIA has a world-class team of real estate professionals, and I look forward to meeting my new colleagues in Abu Dhabi in the coming months," Mr. Patel said in a Linkedin post.
Mr. Patel, who is CIO Americas for real estate at Manulife, will replace Gerald Fang, who was ADIA's last head of Americas real estate between 2018 and 2021.
A Manulife spokeswoman could not be immediately reached to provide details about Mr. Patel's replacement.
